Francesco Sangiorgi

Senior Member


Francesco Sangiorgi

The Frankfurt School of Finance & Management


Featured Work


The Short-Termism Trap: Catering to Informed Investors Under Stock-Based CEO Compensation

   Dec 15,2023

The combination of stock-based CEO compensation and limited informed trading capital creates a ''race to the bottom among firms resulting...

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...