IDEI Researcher
Member of the Toulouse School of Economics (TSE)
Associate Editor, Journal of Economic Theory

Contacts

Secretary

Links

Long CV (PDF file, 56 Kb)

Research Interests

Economic Theory
Finance

Professional experiences

Current position

Former positions

Education

Grants and awards

Work in progress

Articles in working paper series

• "Researcher's Dilemma", IDEI Working Paper, n. 763, February 2013.

  (with Catherine Bobtcheff (Toulouse School of Economics (CNRS, LERNA)) and Jérôme Bolte (Toulouse School of Economics (GREMAQ)))

  [ Full text (PDF file) ]

Mimeos

• On Competitive Nonlinear Pricing, February 27, 2013.

  (with Andrea Attar and François Salanié)

  [ Full text (PDF file, 225 Kb) ]

Forthcoming

Articles in refereed journals

• "Nonexclusive Competition under Adverse Selection", Theoretical Economics, 2013.

  (with Andrea Attar and François Salanié)

  [Forthcoming]

Contributions to books

• "Dynamic financial contracting", in Advances in Economics and Econometrics, Tenth World Congress (Daron Acemoglu, Manuel Arellano, Eddie Dekel), vol. 1, Cambridge University Press, April 2013. ISBN:9781107638105.

  (with Bruno Biais and Jean-Charles Rochet)

  [Forthcoming]

Publications

Articles in refereed journals

• "Potential Competition in Preemption Games", Games and Economic Behavior, vol. 75, n. 1, May 2012, p. 53-66. doi:10.1016/j.geb.2011.11.002.

  (with Catherine Bobtcheff)

• "Nonexclusive Competition in the Market for Lemons", Econometrica, vol. 79, n. 6, November 2011, p. 1869-1918. doi:10.3982/ECTA8665.

  (with Andrea Attar and François Salanié)

• "Free Cash Flow, Issuance Costs, and Stock Prices", The Journal of Finance, vol. 66, n. 5, October 2011, p. 1501-1544. doi:10.1111/j.1540-6261.2011.01680.x.

  (with Jean-Paul Décamps, Jean-Charles Rochet and Stéphane Villeneuve)

• "Dynamic Regulation of Quality", The RAND Journal of Economics, vol. 42, n. 2, Summer 2011, p. 246-265. doi:10.1111/j.1756-2171.2011.00132.x.

  (with Stéphane Auray and Fabien Moizeau)

• "Large Risks, Limited Liability, and Dynamic Moral Hazard", Econometrica, vol. 78, n. 1, January 2010, p. 73-118. doi:10.3982/ECTA7261.

  (with Bruno Biais, Jean-Charles Rochet and Stéphane Villeneuve)

• "Credit, Wages, and Bankruptcy Laws", Journal of the European Economic Association, vol. 7, n. 5, September 2009, p. 939-973.

  (with Bruno Biais)

• "Investment Timing Under Incomplete Information: Erratum", Mathematics of Operations Research, vol. 34, n. 1, February 2009, p. 255-256.

  (with Jean-Paul Décamps and Stéphane Villeneuve)

• "Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications", The Review of Economic Studies, vol. 74, n. 2, April 2007, p. 345-390. doi:10.1111/j.1467-937X.2007.00425.x.

  (with Bruno Biais, Guillaume Plantin and Jean-Charles Rochet)

  [ Final Version_Working Paper (PDF file, 443 Kb) ]

• "Efficiency and Equilibrium when Preferences are Time-Inconsistent", Journal of Economic Theory, vol. 132, n. 1, January 2007, p. 493-506. doi:10.1016/j.jet.2005.07.004.

  (with Erzo G.J. Luttmer)

  [ Final Version_Working Paper (PDF file, 217 Kb) ]

• "Auction and the Informed Seller Problem", Games and Economic Behavior, vol. 56, n. 2, August 2006, p. 225-258. doi:10.1016/j.geb.2005.08.008.

  (with Bruno Jullien)

  [ Final Version_Working Paper (PDF file, 310 Kb) ]

• "Irreversible Investment in Alternative Projects", Economic Theory, vol. 28, n. 2, Springer Berlin / Heidelberg, June 2006, p. 425-448. doi:10.1007/s00199-005-0629-2.

  (with Jean-Paul Décamps and Stéphane Villeneuve)

  [ Final Version_Working Paper (PDF file, 273 Kb) ]

• "Competitive Equilibrium when Preferences Change Over Time", Economic Theory, vol. 27, n. 3, Springer Berlin / Heidelberg, April 2006, p. 679-690. doi:10.1007/s00199-004-0586-1.

  (with Erzo G.J. Luttmer)

  [ Final Version_Working Paper (PDF file, 214 Kb) ]

• "Strategic Liquidity Supply and Security Design", The Review of Economic Studies, vol. 72, n. 3, July 2005, p. 615-649.

  (with Bruno Biais)

  [ Final Version_Working Paper (PDF file, 488 Kb) ]

• "Investment Timing under Incomplete Information", Mathematics of Operations Research, vol. 30, n. 2, May 2005, p. 472-500. doi:10.1287/moor.1040.0132.

  (with Jean-Paul Décamps and Stéphane Villeneuve)

• "Hierarchies of Beliefs for Compact Possibility Models", Journal of Mathematical Economics, vol. 41, n. 3, April 2005, p. 303-324.

  (with Martin Meier and Michele Piccione)

• "Investment Timing and Learning Externalities", Journal of Economic Theory, vol. 118, n. 1, September 2004, p. 80-102.

  (with Jean-Paul Décamps)

  [ Final Version_Working Paper (PDF file, 275 Kb) ]

• "Preemption and Rent Dissipation under Price Competition", International Journal of Industrial Organization, vol. 22, n. 3, March 2004, p. 309-328.

  (with Marcel Boyer, Pierre Lasserre and Michel Moreaux)

• "The Existence of Subgame-Perfect Equilibrium in Continuous Games with Almost Perfect Information: A Comment", Econometrica, vol. 71, n. 6, November 2003, p. 1909-1911.

  (with Erzo G.J. Luttmer)

• "Subjective Discounting in an Exchange Economy", Journal of Political Economy, vol. 111, n. 5, October 2003, p. 959-989. doi:10.1086/376954.

  (with Erzo G.J. Luttmer)

  [ Final Version_Working Paper (PDF file, 370 Kb) ]

• "Hierarchies of Compact Beliefs and Rationalizable Behavior", Economics Letters, vol. 79, n. 2, Elsevier, May 2003, p. 199-204.

• "Electoral Competition and Politician Turnover", European Economic Review, vol. 45, n. 1, Elsevier, January 2001, p. 1-25.

  (with Juan D. Carrillo)

• "Subgame-Perfect Equilibrium Outcomes in Continuous Games of Almost Perfect Information", Journal of Mathematical Economics, vol. 34, n. 1, August 2000, p. 99-128.

• "Strategic Ignorance as a Self-Disciplining Device", The Review of Economic Studies, vol. 67, n. 3, July 2000, p. 529-544.

  (with Juan D. Carrillo)

• "Optimal Debt Contracts and the Single-Crossing Condition", Economics Letters, vol. 65, n. 1, Elsevier, October 1999, p. 85-89.

  (with Antoine Faure-Grimaud)