Xingtan Zhang (张兴潭)

Assistant Professor of Finance

Leeds School of Business

University of Colorado Boulder

995 Regent Drive 401B

Boulder, CO 80309

xingtan.zhang AT colorado.edu

Office: 303-492-7541

[Leeds Profile] [CKGSB Profile] [SSRN]

https://sites.google.com/site/xingtanzhang/

WORKING PAPERS:

Arms Sales in Financial Markets [with Vincent Glode]

- We model how the sales of trading advantages (e.g., data and collocation services) affect traders' endogenous participation in a market and vice-versa.

Disagreement, Skewness, and Asset Prices [with Christian Goulding and Shri Santosh] [Slide]

- A simple theory that offers joint predictions on the pricing implications of disagreement and skewness in a frictionless framework

Collective Decision Through an Informed Designer [with Yunan Li] [Slide]

- Information frictions in collective decision problems (public good projects, corporate-level investments, etc) can be resolved with a partially informed designer (government, corporate headquarters, etc).

The Value of Scattered Information [with Christian Goulding] [Slide]

- Scattered structures can increase information production.

The Intermediary Rat Race [with Yu An and Yang Song]

- Dealers can over-compete because the holding dealer imposes a negative externality on non-holding dealers.

A Sharper Ratio [with Kent Smetters] [Slide]

- A theory of using higher moments in performance evaluation- NBER Working Paper No. 19500

Efficient Bargaining Through a Broker

- An imperfectly informed broker can achieve full efficiency in bilateral bargaining with asymmetric information.

PUBLICATIONS:

Pricing Implications of Noise [with Christian Goulding and Shri Santosh]

Review of Financial Studies, forthcoming [Slide]


A Model of Product Line Marketing [with Chuan He and Shaowei Ke]

Management Science, forthcoming [Slide]


Long-Term Contracting with Time-Inconsistent Agents [with Daniel Gottlieb]

Econometrica, 89, March 2021, 793-824[Slide][Online Appendix][Supplementary Appendix][SSRN]


On the Efficiency of Long Intermediation Chains [with Vincent Glode and Christian Opp]

Journal of Financial Intermediation, 38, April 2019, pp. 11-18 [SSRN]


Voluntary Disclosure in Bilateral Transactions [with Vincent Glode and Christian Opp]

Journal of Economic Theory, 175, May 2018, pp. 652-688 [Slide][SSRN]