Papers




Jan 18, 2025
Dynamic Coordination and Bankruptcy Regulations
Many regulations aim at promoting coordination among creditors in bankruptcy by ex post restricting their ability to exit...
Feb 24, 2025
Central Bank Digital Currency and Financial Stability
We develop a model of financial intermediation with remunerated Central Bank Digital Currency (CBDC) as consumers’ alternative to...
Jan 26, 2025
Data Regulation in Credit Markets
We study a credit market in which lending decisions depend on a borrower's digital profile, and the borrower...
Mar 22, 2025
Tragedy of Complexity
Complexity can create value. At the same time, understanding more complex goods requires more of an agent’s attention....
Jan 18, 2025
Optimal Integration: Human, Machine, and Generative AI
I study the optimal integration of humans and technologies in multi-layered decision-making processes. Each layer can correct existing...
May 12, 2025
The Quiet Hand of Regulation: Harnessing Uncertainty and Disagreement
Regulating externalities is particularly challenging in the presence of uncertainty and disagreement among economic agents. Traditional Pigouvian and...