Assistant Professor of Finance
PhD, University of California, Berkeley, 2008
MS, University of California, Berkeley, 2005
MSci, Imperial College, London, UK, 2002Specialties
Asset pricing under asymmetric information; market microstructurePositions Held
At the University of Washington since 2008
Researcher in Complexity Group of Didier Sornette, Department of Geophysics and Space Physics, University of California, Los Angeles (2002-2003)
Chief Financial Officer, LIDAR Technologies, London, UK (2001-2002)
Summer Analyst, Citigroup Global Corporate & Investment Bank, London, UK (2000, 2001)Current Research
"Why do University Endowments Invest So Much in Risky Assets? A Model of Equity-Less Producers," with Christopher Hrdlicka.
"Endogenous Liquidity and Corporate Governance," with Rich Matthews and Lance Young.
"Systematic Beta Changes around Macroeconomic Announcements," with Miguel Palacios and Tina Wang
"Real-Time Forecasting of Macroeconomic Revisions," with Dean Croushore.
"The Behavior of Aggregate Accounting Anomalies," with Elizabeth Chuk, Mark Soliman and Julie Suh.Honors and Awards
Charles E. Summer Outstanding Teaching Award (2011)
PACCAR Award for Teaching Excellence (2010)
MBA Core Professor of the Year (2010, 2011)
MBA Core Professor of the Quarter (Aut 2009, Aut 2010)
Outstanding graduate student instructor award, Haas School of Business, UC Berkeley (2005-2007)
UC Regents' Fellowship (2006-2007)
Dean Witter Foundation Fellowship (2003-2007)
Henry K. Hayase Ph.D. Award (2004)Academic Service
Reviewer for "Journal of Financial and Quantiative Management"
Review for "Review of Finance"
Reviewer for "Management Science"
Western Finance Association Conference (2010 and 2011) Program Committee and DiscussantSelected Publications
"Investor Inattention and the Market Impact of Summary Statistics," with Shimon Kogan, Lars Lochstoer, and Ataman Ozyildirim (2011). Forthcoming in the special issue on Behavioral Economics and Finance at Management Science
"Information Aggregation around Macroeconomic Announcements: Revisions Matter" Journal of Financial Economics,
Vol. 101, 114-131 (2011).
."Endogenous Versus Exogenous Shocks in Complex Networks: An Empirical Test Using Book Sale Rankings," with Didier Sornette, Fabrice Deschatres, and Yann Ageon, Physical Review Letters
, Vol. 93, 228701, 2004. Working Papers
"Are Universities Fair? Risking the Endowment for Future Generations," with Christopher Hrdlicka, University of Washington Working Paper (2011).
"Why do Certain Macroeconomic News Announcements have a Big Impact on Asset Prices?" with Chiara Scotti, Georg Strasser, and Clara Vega.
"Learning from the Skills of Others: Experimental Evidence" with Shimon Kogan (2005).