Working Papers        Published papers        Book Chapters

Last update: Aug, 2009.

Working papers

Rajan, U., A. Seru and V. Vig, "The Failure of Models that Predict Failure: Distance, Incentives and Defaults," Jan 2009. (Link takes you to the SSRN page for the paper)

Rajan, U. and A. Sinha, "Equilibria in a Hotelling Model: First-mover Advantage?" Aug 2009.

Debo, L., C. Parlour, and U. Rajan, ``Inferring Quality from a Queue,'' Jan 2008.

Berrospide, J., A. Purnanandam and U. Rajan, ``Corporate Hedging, Investment and Value,'' Feb 2008.

Golan, L., C. Parlour and U. Rajan, ``Racing to the Bottom: Competition and Quality," Nov 2007.

 

Published and forthcoming papers: (Links are to external sites such as JSTOR/ScienceDirect)

Attar, A., E. Campioni, G. Piaser and U. Rajan, ``On Multiple Principal, Multiple Agent Models of Moral Hazard,'' Jul 2009, forthcoming, Games and Economic Behavior.  

Krishna, A. and U. Rajan, "Cause Marketing: Spillover Effects of Cause-Related Products in a Product Portfolio," Apr 2009, forthcoming, Management Science. (Marketing area)

Goettler, R., C. Parlour and U. Rajan (2009), ``Informed Traders and Limit Order Markets,'' Journal of Financial Economics, 93(1): 67--87.

Ghose, A., T. Mukhopadhyay and U. Rajan (2007), "The Impact of Internet Referral Services on a Supply Chain", Information Systems Research, 18(3): 300--319.

Parlour, C., V. Prasnikar and U. Rajan (2007), ``Compensating for the Winner's Curse: Experimental Evidence,'' Games and Economic Behavior, 60(2): 339--356.

Chawla, S., J. Hartline, U. Rajan and R. Ravi (2006), "Bayesian Optimal No-Deficit Mechanism Design," Workshop in Information and Network Economics, in Lecture Notes in Computer Science 4286:  136--148.

Chawla, S., U. Rajan, R. Ravi and A. Sinha (2006), "Min-Max Payoffs in a Two-Player Location Game,"  Operations Research Letters 34(5): 499--507.

Goettler, R., C. Parlour and U. Rajan (2005), ``Equilibrium in a Dynamic Limit Order Market,'' Journal of Finance 60(5): 2149--2192. (Lead article)
         New York Stock Exchange Award for the best paper on equity trading at the 2004 WFA Meetings.
            Nominated for Smith--Breeden Prize for best paper in Journal of Finance not in corporate finance.

Choudhary, V., A. Ghose, T. Mukhopadhyay and U. Rajan (2005), ``Personalized Pricing and Quality Differentiation,''  Management Science 51(7): 1120--1130. (Marketing area)
            Online appendix

Parlour, C. and U. Rajan (2005), ``Rationing in IPOs,'' Review of Finance 9(1): 33--63.
         2005 GSAM Quant Prize for the best paper in the Review of Finance.

Telang, R., U. Rajan and T. Mukhopadhyay (2004), ``The Market Structure for Internet Search Engines,'' Journal of Management Information Systems 21(2): 137--160. 

Parlour, C. and U. Rajan (2003), ``Payment for Order Flow,'' Journal of Financial Economics 68(3): 379--411.

Parlour, C. and U. Rajan (2001), ``Competition in Loan Contracts,'' American Economic Review  91(5): 1311--1328.

Arya, A., J. Glover and U. Rajan (2000), ``Implementation in Principal-Agent Models of Adverse Selection,'' Journal of Economic Theory  93(1): 87--109.

Rajan, U. (1998), ``Trembles in the Bayesian Foundations of Solution Concepts of Games,''  Journal of Economic Theory 82(1): 248--266.

 

Book chapters

Parlour, C. and U. Rajan (2009), "Adverse Selection," in R. Cont (ed.) Encyclopedia of Quantitative Finance, Wiley Publishers.

Miller, L., P. Shimpi and U. Rajan (1989), "Realized Return Optimization," in F. Fabozzi (ed.) Institutional Investor Focus on Investment Management, Probus Publishing Company.

Miller, L., P. Shimpi and U. Rajan (1989), "Liability Funding Strategies" in F. Fabozzi (ed.)  Portfolio and Investment Management,  Probus Publishing Company.