Working Papers

Back, K., Carlin, B., Kazempour, S. M., and C. Xie, 2023, Dynamic Disclosure Games.

ASU Seminar Slides, Sept. 2023

Back, K., Kakhbod, A., and H. Xing, 2023, Monitoring and Pay for Long Run Performance.

Back, K., Celebi, O., Kakhbod, A., and A. M. Reppen, 2022, Segmented Trading Markets: Competition, Fees, and Tax Policies.

Back, K., Cocquemas, F., Ekren, I., and A. Lioui, 2021, Optimal Transport and Risk Aversion in Kyle’s Model of Informed Trading.

Back, K., Kapadia, N., and B. Ostdiek, 2015, Testing Factor Models on Characteristic and Covariance Pure Plays.

Recent Publications

Back, K., Crotty, K., and S. M. Kazempour, 2022, Validity, Tightness, and Forecasting Power of Risk Premium Bounds, Journal of Financial Economics, 144, 732–760.

Back, K., and P. Barton, 2022, Mediation and Strategic Delay in Bargaining and Markets, Journal of Economic Dynamics and Control, 141.

Back, K., Liu, R., and A. Teguia, 2020, Signaling in OTC Markets: Benefits and Costs of Transparency, Journal of Financial and Quantitative Analysis, 55, 47–75.

Back, K., Liu, R., and A. Teguia, 2019, Increasing Risk Aversion and Life-Cycle Investing Mathematics and Financial Economics, 13, 287–302.

Back, K., Collin-Dufresne, P., Fos, V., Li, T., and A. Ljungqvist, 2018, Activism, Strategic Trading, and Liquidity, Econometrica, 86, 1431–1463.

Back, K., Crane, A., and K. Crotty, 2018, Skewness Consequences of Seeking Alpha, Review of Financial Studies, 31, 4720–4761.

Back, K., Crotty, K., and T. Li, 2018, Identifying Information Asymmetry in Securities Markets, Review of Financial Studies, 31, 2277–2325.

Back, K., and K. Crotty, 2015, The Informational Role of Stock and Bond Volume, Review of Financial Studies, 28, 1381–1427.

Back, K., 2014, A Characterization of the Coskewness-Cokurtosis Pricing Model Economics Letters 125, 219–222.

Back, K., and S. Baruch, 2013, Strategic Liquidity Provision in Limit Order Markets, Econometrica, 81, 363–392.