Assistant Professor of Finance
University of Colorado Boulder
Leeds School of Business
Koelbel Building - 451
995 Regent Dr
Boulder, CO 80309
buffa@colorado.edu
Member of the Finance Theory Group (FTG)
Member of the Macro Finance Society (MFS)
Member of the Four Corners Center for Research on Index Investments (Four Corners)
Co-founder of the Italian Financial Economists Association (IFEA)
Co-organizer of the Colorado Finance Summit
RESEARCH
Asset pricing // Institutional asset management // Contract theory // Information economics
WORKING PAPERS
Different Shades of ESG Funds // with Simona Abis and Meha Sadasivam
Volatility Disagreement and Asset Prices // with Adem Atmaz
KRX Best Paper Award, Annual Conference of the Asia-Pacific Association of Derivatives (APAD) 2024
Learning from Prospectuses // with Simona Abis, Apoorva Javadekar and Anton Lines
Privacy and Team Incentives // with Qing Liu and Lucy White
Revise and Resubmit, Journal of Finance
Decomposing Fund Activeness // with Apoorva Javadekar
A Signaling Theory of Mutual Fund Activeness // with Apoorva Javadekar
Best Paper Award, Colorado Finance Summit 2019
A Theory of Model Sophistication and Operational Risk // with Suleyman Basak
Systemic Risk Management
Best Young Researcher Award, Multinational Finance Society 2013
PUBLICATIONS IN REFEREED JOURNALS
Institutional Investors, Heterogeneous Benchmarks and the Comovement of Asset Prices // with Idan Hodor
Journal of Financial Economics, 147(2), 2023, 352-281
Asset Management Contracts and Equilibrium Prices // with Dimitri Vayanos and Paul Woolley
Journal of Political Economy 130(12), 2022, 3146-3201
Best Paper Award in Asset Pricing, SFS Finance Cavalcade 2015
Press Coverage: The Economist // Financial Times // Businessweek
Should Insider Trading be Prohibited when Share Repurchases are Allowed? // with Giovanna Nicodano
Review of Finance 12(4), 2008, 735–765
Strategic Insider Trading with Imperfect Information: A Trading Volume Analysis
Rivista di Politica Economica XI-XII, 2004, 101–143