Stephen M. Ross School of Business
University of Michigan, Ann Arbor
Office: R5430
Email: snehalb@umich.edu
CURRICULUM VITAE
(Google Scholar, SSRN Page)
|
Professor
of Finance Stephen M. Ross School of Business University of Michigan, Ann Arbor Office: R5430 Email: snehalb@umich.edu CURRICULUM VITAE (Google Scholar, SSRN Page) |
|
Asymmetric
Information, Disagreement, and the Valuation of Debt and
Equity
(with B.
Breon-Drish and K.
Smith)
Journal of Financial Economics, 2024, forthcoming
Feedback
Effects and Systematic Risk Exposures (with B. Breon-Drish and
K. Smith)
Journal of Finance, 2024, forthcoming
Choosing
to Disagree: Endogenous Dismissiveness and Overconfidence in Financial
Markets
(with J. Davis
and N.
Gondhi)
Journal of Finance, 2024, 79(2):1635-1695
Disclosing to
Informed Traders (with I.
Marinovic and K.
Smith)
Journal of Finance, 2024, 79(2):1513-1578
Winner of the Accounting and Economics Society Notable Working
Paper Award, 2020
Harnessing
the Overconfidence of the Crowd: A Theory of SPACs (with M.
Szydlowski)
Journal of Financial Economics, 2024, 153:103787
Summary: Harvard
Law School Forum on Corporate Governance
On the
Voluntary Disclosure of Redundant Information (with B. Breon-Drish, R. Kaniel and I. Kremer)
Journal of Economic Theory, 2023, 214:105743
Dynamics
of Research and Strategic Trading (with B.
Breon-Drish)
Review of Financial Studies, 2022, 35(2):908-961
Strategic
trading and unobservable information acquisition (with B.
Breon-Drish)
Journal of Financial Economics, 2020, 138(2):458-482
When
transparency improves, must prices reflect fundamentals better?
(with J. Davis
and N.
Gondhi)
Review of Financial Studies, 2018, 31(6):2377-2414
Signal
or noise? Uncertainty and learning about whether other traders are
informed (with B.
Green)
Journal of Financial Economics, 2015, 117(2):398-423
Trading
in Derivatives when the Underlying is Scarce (with J.
Graveline)
Journal of Financial Economics, 2014, 111(3):589-608
The
Cost of Short-Selling Liquid Securities (with J.
Graveline)
Journal of Finance, 2013, 68(2):637-664
Factor-loading
Uncertainty and Expected Returns (with C. Armstrong
and C. Corona)
Review of Financial Studies, 2013, 26(1):158-207
Learning
from Prices and the Dispersion in Beliefs
Review of Financial Studies, 2011, 24(9):3025-3068
Winner of the RFS Young
Researcher Prize, 2010
Disagreement
and Learning: Dynamic Patterns of Trade (with I. Kremer)
Journal of Finance, 2010, 65(4):1269-1302
Price
Drift as an Outcome of Differences in Higher Order Beliefs (with R. Kaniel and I. Kremer)
Review of Financial Studies, 2009, 22(9):3707-3734,
correction
Discussion
of “Disclosure Processing Costs, Investors’ Information Choice, and
Equity Market Outcomes: A Review” (with B. Breon-Drish and
Joey
Engelberg)
Journal of Accounting and Economics, 2020, 70(2):101337
Public Information and the Securities Lending Market (with K. Smith)
Competition and collusion among strategic traders who face uncertainty (with G. Malikov)
Motivated
Beliefs in Coordination Games (with J. Davis and N. Gondhi)
Wishful thinkers agree to disagree about public information
when strategic
considerations are important.
Incentivizing
Effort and Informing Investment: The Dual Role of Stock Prices
(with J. Davis
and N.
Gondhi)
Prices that are more informative about investment
opportunities may be worse for contracting.
Founder
Friendly VCs (with M.
Szydlowski)
Entrepreneurs take less risk when VCs are friendlier.
Information
Provision and the Curse of Knowledge (with J. Davis and N.
Gondhi)
The curse of knowledge improves information production and can
improve communication.
Leaks,
disclosures and internal communication (with K. Hu and T. Kim)
Higher likelihood of leaks can increase disclosure, but reduce
efficiency.
Conceal to Coordinate (with T. Kim and V. Mangla)
Transparency versus Tone: Public Communication with Limited Commitment (with Q. Liu )