Opp, Marcus

My research spans dynamic contracting, financial intermediation, and international finance. My most recent work on financial intermediation analyzes the interplay between financial regulation and risk-taking incentives in the financial sector. The corresponding papers are published in top general interest journals (Econometrica) and leading field journals such as the Journal of Economic Theory, the Journal of Financial Economics and the Journal of International Economics. The paper “Target revaluation after failed takeover attempts - Cash versus stock” won the 2016 Jensen prize for the best paper published in the Journal of Financial Economics in the areas of corporate finance and organizations (first place). My favorite papers are “Impatience versus incentives,” “Only time tell: A theory of deferred compensation,” and “Rating agencies in the face of regulation.” I have been a board member of the Finance Theory Group since September 2016. I won the 2017 Poets and Quants “Top 40 under 40” award for professors of world-wide business schools.