ALEJANDRO RIVERA

ASSOCIATE PROFESSOR OF FINANCE

NAVEEN JINDAL SCHOOL OF MANAGEMENT

UNIVERSITY OF TEXAS AT DALLAS

VITA

Here are the links to my CV,  google scholar, and my email.

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PUBLISHED OR FORTHCOMING PAPERS

1. "Robust Contracts in Continuous Time" (with Jianjun Miao), Econometrica (2016), [WP], [Online Appendix]

2. "Dynamic Moral Hazard and Risk-Shifting Incentives in a Leveraged Firm",  Journal of Financial and Quantitative Analysis (2019), [SSRN], [Slides]

3. "Extrapolation Bias and Robust Dynamic Liquidity Management" (with Seokwoo Lee), Management Science (2021) [SSRN], [Slides]

4. "Does Performance-Sensitive Debt mitigate Debt-Overhang?" (with Alain Bensoussan and Benoit Chevalier-Roignant),  Journal of Economic Dynamics and Control (2021) [SSRN],  [Slides]

5. "Optimal Short-Termism" (with Dirk Hackbarth and Tak-Yuen Wong), Management Science (2021) [SSRN], [VoxEU], [Slides]

6. "Real Options with Non-Smooth Obstacles" (with Subas Acharya, Alain Bensoussan, and Dmitrii Rachinskii), SIAM Journal of Financial Mathematics (2022) [SSRN]

7. "A Model for Wind Farm Management with Option Interactions" (with Alain Bensoussan and Benoit Chevalier-Roignant), Production and Operations Management (2022) [SSRN], [Slides]

8. "Incentivizing Investors for a Greener Economy" (with Harold H. Zhang and Nam Nguyen), Journal of Financial and Quantitative Analysis (2024) [SSRN], [LSE USAPP Blog],[Slides]

9. "Financing Green Entrepreneurs under Limited Commitment" (with  Alain Bensoussan, Benoit Chevalier-Roignant, and Nam Nguyen), Journal of Economic Dynamics and Control (2024) [SSRN], [Duke FinReg Blog], [Slides]

10. "Too Much, Too Soon, for Too Long: The Dynamics of Competitive Executive Compensation" (with Gilles Chemla and Liyan Shi)  Forthcoming at Journal of Finance [SSRN], [Slides]

11. "Household Debt Overhang and Human Capital Investment" (with Gustavo Manso, Hui Wang, and Han Xia)  Accepted at Journal of Financial Economics [SSRN], [Slides]

WORKING PAPERS

1. "Present-Bias and the Value of Sophistication" (with Subas Acharya, David Jimenez-Gomez, and Dmitrii Rachinskii) Revise and Resubmit at Games and Economic Behavior [SSRN], [Slides]

2. "Student Loans and Labor Supply Incentives" (with Gustavo Manso, Hui Wang, and Han Xia) [SSRN], [LSE USAPP Blog]

3. "Contracting with a Present-Biased Agent: Sannikov meets Laibson" [SSRN], [Slides], [BIRS 2023 Video Recording]

4. "Managerial Limited Commitment: A New Class of Stochastic Control Problems" Revise and Resubmit at Finance and Stochastics (with  Alain Bensoussan, Benoit Chevalier-Roignant, and Nam Nguyen) [SSRN]

WORK IN PROGRESS

1. "Optimal Contracts with Aspirational Preferences" (with Fernando Zapatero and Hongda Zhong)

2. "Successfully Fired: the Unique Incentives of Agentic-AI Adoption" (with Nina Baranchuk)

3. "Endogenous Minsky Moments" (with Sebastian Pfeil and Sebastian Gryglewicz)

TEACHING

FE 7340 Advanced Corporate Finance (UT Dallas)

FIN 3350 Macroeconomics and Financial Institutions (UT Dallas)

FIN 6325 Macroeconomics and Financial Institutions (UT Dallas)

MBA 231 Corporate Finance (UC Berkeley, Spring 2020)

EC 305 Mathematical Economics (University of Rosario, Spring 2010)