Armando Gomes

Associate Professor of Finance

Armando Gomes

Armando Gomes

Professor Gomes' research program focuses on addressing questions in corporate finance and economics, applying game theory and economic tools to construct and evaluate models. Recurrent themes of his research are the study of asymmetric information and incentive problems and issues related to bargaining and contracting. His interest also lies in empirical research focusing on finance topics where synergies with theory are an important element in uncovering and understanding the questions.

Area of Expertise

Corporate Governance, Law and Economics, Banking and Financial Institutions, Corporate Finance, Entrepreneurship, Negotiation, Banking and Financial Institutions, Corporate Finance, Entrepreneurship, Law and Economics, Negotiation

Education

  • Ph D 1997, Harvard University
  • MA 1992, Harvard University
  • MA 1990, Instituto de Matematica Pura e Aplicada-IMPA
  • BS 1988, Instituto Militar de Engenharia-IME

Academic/Professional Activities

  • Member, American Finance Association, Western Finance Association, American Economic Association
  • Referee, Journal of Finance, Review of Financial Studies, Econometrica, Journal of Political Economy, Quarterly Journal of Economics, Journal of Economic Theory, and numerous other journals

Awards/Honors

  • Rodney White Center for Financial Research, 1999-2003
  • Geewax, Terker & Company Prize for Financial Research, Geewax, Terker & Company, 2004
  • NASDAQ Educational Foundation Research Fellowship, 2004
  • International Research Grant, Wharton School, 1998
  • CAPES Grant, 1994
  • CNPq Scholarship for Scientific Research, Ministry of Education, 1986

Teaching Interests

Economics - International Economics; Economics - Microeconomics/ Industrial Organization; Finance/Investments - Corporate Finance

Research Interests

Corporate finance, mergers and acquisitions, corporate governance, economic theory

Personal Interests

Professor Gomes have two children, Giovani and Julia. He enjoys soccer, biking, swimming, and tennis. He is Brazilian by birth and fluent in Portuguese and Spanish.

Selected Publications

  • "Why Do Public Firms Issue Private and Public Securities? ", Journal of Financial Intermediation, with Gordon Phillips, 2012
  • "SEC Regulation Fair Disclosure, Information, and the Cost of Capital", Journal of Corporate Finance, 300-334, with Gary Gorton, Leonardo Madureira, 2007
  • "Dynamic Processes of Social & Economic Interactions: On the Persistence of Inefficiencies", Journal of Political Economy, Issue 3, 626-667, with Philippe Jehiel, 2005
  • "Going Public without Governance: Managerial Reputation Effects", Journal of Finance, Issue 2, 615-646, 2000
  • "Mergers & Acquisitions: An Experimental Analysis of Synergies, Externalities, and Dynamics", Review of Finance, Issue 4, 481-514, with R Croson, K McGinn, M Noth, 2004
  • "Contracting with Externalities and Outside Options", Journal of Economic Theory, with F. Bloch, 2005
  • "Multilateral Contracting with Externalities ", Econometrica, Issue 4, 1329-1350, 2005
  • "Coalitional Bargaining Games: A New Concept of Value and Coalition Formation", Games and Economic Behavior, 2022
  • "Mergers and Acquisitions with Conditional and Unconditional Offers", International Jouranl of Game Theory, with Wilfredo Maldonado, 2020
  • "Valuations and Dynamics of Negotiations", Journal of Public Economic Theory, 2020

Contact

Armando Gomes