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]
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 frameworkCollective 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. 19500Efficient 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]