Darius Nik Nejad

Finance Theory, Asset Pricing, Market Microstructure, Corporate Finance

Heterogeneous Beliefs Recovery (with Julien Hugonnier), OTC Markets with Private Valuations (with Julien Hugonnier), First-Price Auctions with Non-Monotone Payoffs: An Explicit Solution (with Julien Hugonnier), Debt Clienteles and Capital Structure (Job Market Paper).

My research is in finance theory, with a focus on asset pricing, corporate finance, and market microstructure. I study how investor heterogeneity, market frictions, and the interaction of demand and supply affect asset prices, trading, and corporate financial decisions. My work combines continuous-time methods, dynamic equilibrium models, and tools from game theory.