Limit Order Book as a Market for Liquidity, with Thierry Foucault and Eugene Kandel, Review of Financial Studies 18, 2005, 1171-1217.

So Who Gains from a Small Tick-Size?, Journal of Financial Intermediation 15, 2006, 32-66.

A Rational Expectations Theory of Kinks in Financial Reporting, with Ilan Guttman and Eugene Kandel, The Accounting Review 81, 2006, 811-848.

Equilibrium in the Two Player k-Double Auction with Affiliated Private Values, Journal of Economic Theory 135, 2007, 495-513.

Stocks or Options? Moral Hazard, Firm Viability, and the Design of Compensation Contracts, with Jeroen Swinkels, Review of Financial Studies 21, 2008, 451-482.

Moral Hazard with Bounded Payments, with Ian Jewitt and Jeroen Swinkels, Journal of Economic Theory, 143, 2008, 59-82.

Conflicts of Interest and Stock Recommendations – the Effect of the Global Settlement and Related Regulations, with Leonardo Madureira, Rong Wang, and Tzachi Zach, Review of Financial Studies, 22, 2009, 4189-4217.

Dividend Stickiness and Strategic Pooling, with Ilan Guttman and Eugene Kandel, Review of Financial Studies, 23, 2010, 4455-4495.

Asset Liquidity and Stock Liquidity, with Radha Gopalan and Mikhail Pevzner, Journal of Financial and Quantitative Analysis, 47, 2012, 333-364.

Analysts’ Industry Expertise, with Leonardo Madureira, Rong Wang, and Tzachi Zach, Journal of Accounting and Economics, 54, 2012, 95-120 (lead article).

Liquidity Cycles and Make/Take Fees in Electronic Markets, with Thierry Foucault and Eugene Kandel. Winner of the “Analysis Group Award for the Best Paper on Financial Institutions and Markets” at the 2009 WFA. Journal of Finance, 68, 2013, 299-342.

Minimum Payments and Induced Effort in Moral Hazard Problems, with Jeroen Swinkels, Games and Economic Behavior, 82, 2013, 468-489.

On the Moral Hazard Problem without the First Order Approach, with Jeroen Swinkels, Journal of Economic Theory, 148, 2013, 2313-2343.

Performance Evaluation with High Moments and Disaster Risk, with Fang Liu, Journal of Financial Economics, 113, 2014, 131-155.

The Diminishing Liquidity Premium, with Azi Ben-Rephael and Avi Wohl. Winner of the “Wharton School – WRDS Award for the Best Empirical Finance Paper” at the 2009 WFA. Journal of Financial and Quantitative Analysis, 50, 2015, 197-229.

Generalized Systematic Risk, with Fang Liu and Suying Liu, American Economic Journal: Microeconomics, forthcoming.

Existence of Optimal Mechanisms in Principal-Agent Problems, with Philip Reny and Jeroen Swinkels, Econometrica, forthcoming.

Minimum Wages, Incentives, and Markets, with Jeroen Swinkels.

What are Analysts Really Good At?, with with Leonardo Madureira, Rong Wang, and Tzachi Zach.

Speculating on private Information: Buy the Rumor Sell the News, with Roni Michaely and Pam Moulton.

A Bound on Expected Stock Returns, with Xiaoxiao Tang

Robustness Appendix to “Limit Order Book as a Market for Liquidity.” 

Online Appendix for “A Rational Expectations Model of Kinks in Financial Reporting”

Matlab Code to accompany “Minimum Payments and Induced Effort in Moral Hazard Problems.”

Internet Appendix for “Liquidity Cycles and Make/Take Fees in Electronic Markets”

Calculus Proof of Proposition 1 in “On the Moral Hazard Problem without the First Order Approach”

Original version (January 2011) of “Existence of Optimal Mechanisms in Principal-Agent Problems.” This version is being referred to in “On the Moral Hazard Problem without the First Order Approach.”