Selected Publications   Working Papers   Classes   Vita   Tepper School of Business   Carnegie Mellon University   Home		Working Papers: Defining bad news: Changes in return distribution that decrease risky asset demand, with Alan Kraus, August, 2007 Financial leverage and the leverage effect: A market and firm analysis, with A Cevdet Aydemir and Michael Gallmeyer Demand Discovery and Asset Pricing July, 2006, with Michael Gallmeyer and Duane Seppi. Winner, New York Stock Exchange Award for best paper on Equity Trading, Western Finance Association Meetings, 2005.