Published and Forthcoming Papers

1. Cohn, J., U. Rajan, and G. Strobl (2024), "Credit Ratings: Strategic Issuer Disclosure and Optimal Screening," conditionally accepted, Review of Finance.

2. Parlour, C., U. Rajan, and H. Zhu (2022), "When FinTech Competes for Payment Flows," Review of Financial Studies 35(11): 4985--5024. 

3. Ellul, A., I. Erel, C. Kuhnen, and U. Rajan (2022), "Discrimination, Disparities, and Diversity in Finance,"  Review of Corporate Finance Studies 11(3): 457--464. (Foreword by the Editors to RCFS Special Issue.)

4. Kopalle, P., A. Krishna, U. Rajan, and Y. Wang (2022), "How Does Regulatory Monitoring of Cause Marketing Affect Firm Behavior and Donations to Charity?" Internantional Journal of Research in Marketing 39: 947--966. 

5. Parlour, C., U. Rajan, and J. Walden (2021), "Payment System Externalities," Journal of Finance 77(2): 1019--1053. 

6. Ellul, A., I. Erel, and U. Rajan (2020), "The COVID-19 Pandemic Crisis and Corporate Finance," Review of Corporate Finance Studies 9(3): 421--429. (Foreword by the Editors to RCFS Special Issue.)

7. Parlour, C. and U. Rajan (2020), "Contracting on Credit Ratings: Adding Value to Public Information," Review of Financial Studies 33(4): 1412--1444.

8. Debo, L., U. Rajan, and S. Veeraraghavan (2020), "Signaling Quality via Long Lines and Uninformative Prices," Manufacturing & Service Operations Management 22(3): 513--537.

9. Hu, A., C. Parlour, and U. Rajan (2019), "Cryptocurrencies: Stylized Facts on a New Investible Instrument," Financial Management 48(4): 1049--1068 .

10. Purnanandam, A. and U. Rajan (2018), "Growth Option Exercise and Capital Structure," Review of Finance 22(1): 177--206.

11. Wellman, M. and U. Rajan (2017), "Ethical Issues for Autonomous Trading Agents," Minds and Machines 27(4): 609--624.

12. Golan, L., C. Parlour and U. Rajan (2015), "Competition, Managerial Slack, and Corporate Governance," Review of Corporate Finance Studies 4(1): 43--68.

13. Rajan, U., A. Seru, and V. Vig (2015), "The Failure of Models that Predict Failure: Distance, Incentives and Defaults," Journal of Financial Economics 115(2): 237--260.

14. Cohn, J. and U. Rajan (2013), "Optimal Corporate Governance in the Presence of an Activist Investor,"  Review of Financial Studies 26(4): 985--1020.

15. Attar, A., E. Campioni, G. Piaser, and U. Rajan (2013), "Competing Mechanism Games of Moral Hazard: Communication and Robustness," Review of Economic Design 16(4): 283--296.

16. Debo, L., C. Parlour, and U. Rajan (2012), ``Signaling Quality via Queues,'' Management Science 58(5): 876--891. (Stochastic Models Area).

17. Rajan, U., A. Seru, and V. Vig (2010), "Statistical Default Models and Incentives," American Economic Review Papers and Proceedings 100(2): 506--510.

18. Attar, A., E. Campioni, G. Piaser, and U. Rajan (2009), ``On Multiple Principal, Multiple Agent Models of Moral Hazard,'' Games and Economic Behavior 68(1): 376--380.  

19. Krishna, A. and U. Rajan (2009), "Cause Marketing: Spillover Effects of Cause-Related Products in a Product Portfolio," Management Science 55(9): 1469--1485. (Marketing area)

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

21. 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.

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

23. 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.

24. 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.

25. 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.

26. 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

27. 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.

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

29. Li, C., S. Chawla, U. Rajan, and K. Sycara (2004), "Mechanism Design for Coalition Formation and Cost Sharing in Group-Buying Markets," Electronic Commerce Research and Applications 3(4): 341--354.

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

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

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

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