Market Efficiency and Behavioral Finance

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How Active Management Survives,” under peer-review (with Ginger L. Pennington).

Corporate Governance and the Cult of Agency,” Villanova Law Review (forthcoming).

Worthless Companies,” 24 European Financial Management, 721-727 (2018).

Quantitative Investing and the Limits of (Deep) Learning from Financial Data,” 47 Journal of Financial Transformation, 117-122 (2018).

Why Indexing Works,” Applied Stochastic Models in Business and Industry, 2017, 33(6) (with Nick Polson and Jan Hendrik Witte).

“Rejoinder to ‘Deep learning for finance: deep portfolios’” Applied Stochastic Models in Business and Industry 33 (1), 2017, 19-21 (with Nick Polson and Jan Hendrik Witte).

Deep learning for finance: deep portfolios,” Applied Stochastic Models in Business and Industry 33 (1), 2017, 3-12 (with Nick Polson and Jan Hendrik Witte).

Overconfidence, Compensation Contracts, and Capital Budgeting,” Journal of Finance, Vol. 66, No. 5, pp. 1725-77 (2011) (with Simon Gervais and Terry Odean).

The Limits of the Limits of Arbitrage,” Review of Finance, 14(1):157-187 (2010) (with Alon Brav and Si Li), runner-up for the 2010 Deutsche Bank Prize in Financial Economics for Best Paper in the Review of Finance.

The Rational-Behavioral Debate in Financial Economics,” Journal of Economic Methodology, 11(4) 2004 (Lead Article) (with Alon Brav and Alexander Rosenberg).

Managerial Optimism and Corporate Finance,” Financial Management, Vol. 31, pp. 33-45 (Summer 2002); Reprinted in Richard H. Thaler (Ed.), Advances in Behavioral Finance, Volume II (The Roundtable Series in Behavioral Economics), Princeton University Press (2005).

Competing Theories of Financial Anomalies,” The Review of Financial Studies, Vol. 15, No. 2, pp. 475-506 (2002) (with Alon Brav, Duke University). Winner, Barclays Global Investors (BGI) Michael Brennan Award for the best paper published in The Review of Financial Studies.