Agency-based asset pricing
co-authored with Ping He, Lixin Huang, Journal of Economic Theory, Volume 149, 2014, Pages 311-349
Arbitrage Chains
co-authored with James Dow, The Journal of Finance, Volume 49, No. 3, Papers and Proceedings Fifty-Fourth Annual Meeting of the American Finance Association, Boston, Massachusetts, January 3-5, 1994 (Jul., 1994), Pages 819-849
Churning Bubbles
co-authored with Franklin Allen, Review of Economic Studies, Volume 60, 1993, Pages 813-836
Equilibrium Investment and Asset Prices under Imperfect Corporate Control
co-authored with James Dow, Arvid Krishnamurthy, The American Economic Review, Volume 95, No. 3, June 2005, Pages 659-681
Noise Trading, Delegated Portfolio Management, and Economic Welfare
co-authored with James Dow, Journal of Political Economy, Volume 105, No. 5, 1997
Profitable Informed Trading in a Simple General Equilibrium Model of Asset Pricing
co-authored with James Dow, Journal of Economic Theory, Volume 67, 1995, Pages 327-369
SEC Regulation Fair Disclosure information and the cost of capital
co-authored with Armando Gomes, Leonardo Madureira, Journal of Corporate Finance, Volume 13, 2007, Pages 300–334
Security Baskets and Index-linked Securities
co-authored with George G. Pennacchi, Journal of Business, Volume 66, No.1, 1993
Security Price Informativeness with Delegated Traders
co-authored with Ping He, Lixin Huang, American Economic Journal: Microeconomics, Volume 2, November 2010, Pages 137-170
Stock Market Efficiency and Economic Efficiency: Is There a Connection?
co-authored with James Dow, The Journal of Finance, Volume 52, No. 3, July 1997, Pages 1087-1129
The Limitations of Stock Market Efficiency Price Informativeness and CEO Turnover
co-authored with Lixin Huang, Qiang, Review of Finance, 2016, Pages 1-48
Trading, Communication and the Response of Asset Prices to News
co-authored with James Dow, The Economic Journal, Volume 103, No. 418, May 1993, Pages 639-646