The Desautels Faculty of Management congratulates the following individuals who are the latest to be granted a Faculty Award for the period of September 1, 2017-August 31, 2020. The Faculty Awards recognise demonstrated research achievement and encourage the pursuance of future academic endeavors.
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Published on: 10 Nov 2017
Authors: Matthieu Bouvard and Raphaël Levy
Publication: Management Science, Forthcoming
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In a market where sellers solicit certification to overcome asymmetric information, we show that the profit of a monopolistic certifier can be hump-shaped in its reputation for accuracy: a higher accuracy attracts high-quality sellers but sometimes repels low-quality sellers. As a consequence, reputational concerns may induce the certifier to reduce information quality, thus depressing welfare. The entry of a second certifier impacts reputational incentives: when sellers only solicit one certifier, competition plays a disciplining role and the region where reputation is bad shrinks. Conversely, this region may expand when sellers hold multiple certifications.
Read full article: Management Science
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Published on: 18 Oct 2017
The Swiss Finance Institute (SFI) has attributed its Outstanding Paper Award to "The Blockchain Folk Theorem," a research paper by Bruno Biais, Toulouse School of Economics, Christophe Bisière, Toulouse School of Economics, Matthieu Bouvard, McGill University, and Catherine Casamatta, Toulouse School of Economics, that investigates the stability of the blockchain protocol in a game-theoretic approach.
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Published on: 13 Oct 2017
Authors: Matthieu Bouvard, Pierre Chaigneau & Adolfo De Motta
Publication: Journal of Finance, Vol. 70, No. 4, 2015
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Published on: 21 Jan 2015
Author: Bouvard, Matthieu
Publication: Review of Financial Studies, January 2014
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Published on: 17 Jan 2014
