Details
NAME
Francesco Sangiorgi
INSTITUTION
The Frankfurt School of Finance & Management
EMAIL
f.sangiorgi@fs.de
WEBSITE
www.francescosangiorgi.com
Featured Work
2024
Hysteresis in price efficiency and the economics of slow moving capital
Jun 24,2024
Will arbitrage capital flow into markets experiencing shocks, mitigating adverse effects on price efficiency? Not necessarily. In a dynamic model...
2023
The Short-Termism Trap: Catering to Informed Investors with Limited Horizons
Dec 15,2023
Does the stock market exert short-term pressure on listed firms, do they respond, and is this response value reducing? We...
Overconfidence and market efficiency with heterogeneous agents
Aug 02,2023
We study financial markets in which both rational and overconfident agents coexist and make endogenous information acquisition decisions. We demonstrate...
Information sales and strategic trading
Aug 02,2023
We study information sales in financial markets with strategic risk-averse traders. Our main result establishes that the optimal selling mechanism...