PUBLICATIONS

• Risk Sharing, Risk Shifting and the Role of Convertible Debt, forthcoming in Journal of Mathematical Economics.          

• Stock Recommendation of an Analyst who Trades on Own Account        Rand Journal of Economics, 38(3), 768-785, 2007  

• Implications of Executive Hedge Markets for Firm Value Maximization  (joint with Bogachan Celen)                
  Journal of Economics and Management Strategy, 16(2), 319-349, 2007.
   
• Managerial Risk Reduction, Incentives and Firm Value

  Economic Theory, 27(3), 523-535, 2006.

   
• Bargaining and Exclusivity in a Borrower-Lender Relationship

  (joint with Levent Kockesen) 

  Review of Economic Design, Volume:11, Issue 1, 53-68, 2007.
   
• The Advantage of Showing Your Hand Selectively in Foreign Exchange Interventions  (joint with Richard Barnett)
  European Journal of Political Economy 23 (1), 228-244, 2007.
   
• Financial Innovations and Managerial Incentive Contracting
  Canadian Journal of Economics 39 (2), 434-454, 2006.
   
• Board Independence and CEO Pay

  Economics Letters, 88, 260-265, 2005.

   
• Tariff Discrimination versus MFN under Incomplete Information

  (joint with Kamal Saggi)

  Journal of International Trade and Economic Development 14, 197-208, 2005.

   
• Direct Sale of Information When Precision is Unobservable

  Canadian Journal of Economics 37, 269-293, 2004.

   
• Equilibrium Incentives to Acquire Precise Information in Delegated Portfolio Management

  Journal of Financial Services Research 25, 35-36, 2004.