J. Anthony Cookson

J. Anthony Cookson

Associate Professor of Finance

Leeds School of Business

University of Colorado at Boulder

(tony [dot] lastname [at] colorado.edu)

Working Papers

Shale shocked: Cash windfalls and household debt repayment (with Erik P. Gilje and Rawley Z. Heimer). SSRN. NBER WP #27782. Revise and Resubmit. Journal of Financial Economics.

Echo chambers (with Joey Engelberg and Will Mullins). SSRN. Video. Leeds Power Breakfast. (video, non-technical presentation).
Mentions: Colorado Public Radio, CU Boulder Today.
Best Paper in Markets and Trading at the 2021 Midwest Finance Association Conference.

Imprecise and informative: Lessons from market reactions to imprecise disclosure (with S. Katie Moon and Joonki Noh). SSRN. SocArXiv.

Does disagreement facilitate informed trade? Evidence from activist investors (with Slava Fos and Marina Niessner). SSRN. SocArXiv.

Settling for less information (with Gustaf Bellstam and Diego Garcia). Draft coming soon.

Publications

Personal wealth, self-employment, and business ownership (with Aymeric Bellon, Erik P. Gilje and Rawley Z. Heimer). SSRN. NBER WP #27452.
Review of Financial Studies. Accepted.

Does partisanship shape investor beliefs? Evidence from the COVID-19 pandemic (with Joey Engelberg and Will Mullins). RAPS SSRN. SocArXiv.

Review of Asset Pricing Studies. Vol 10, No 4 (December 2020), pp. 863-893

Mentions: Marginal Revolution, CU Boulder Today, Daily Camera / BizWest, 630 KHOW Interview.

A text-based analysis of corporate innovation (with Gustaf Bellstam and Sanjai Bhagat).

Management Science. Forthcoming. SSRN. MS.

Outstanding Paper in Corporate Finance at the 2017 Midwest Finance Association Conference.

Assortative matching and reputation in the market for first issues (with Oktay Akkus and Ali Hortacsu)

Management Science. Forthcoming. SSRN. MS.

Why don't we agree? Evidence from a social network of investors (with Marina Niessner).

Journal of Finance. Vol 75, No 1 (February 2020), pp. 173-228. JF. SSRN.

Best Paper at the 2017 Front Range Finance Seminar.

Growing up without finance (with James R. Brown and Rawley Z. Heimer)

Journal of Financial Economics. Vol 134, No 3 (December 2019), pp. 591-616. JFE. SSRN.

One of Top 100 Papers in the Financial Times List of Business School Research with Social Impact.

Mentions: PBS Newshour - Making Sense, CU Boulder Today, Science Daily, The Conversation, NPR, 1190 Radio

Does contract enforcement mitigate hold up?

Review of Corporate Finance Studies, Vol 7, No 2 (September 2018), pp. 245-275. RCFS. SSRN.

When saving is gambling.

Journal of Financial Economics. Vol 129, No 1 (July 2018), pp. 24-45. JFE. SSRN.

Talk of the Town Award at the 2015 Finance Down Under Conference

Media Mentions: The Daily Northwestern, The Conversation, Longmont Times Call

Anticipated entry and entry deterrence: Evidence from the American casino industry.

Management Science. Vol 64, No 5 (May 2018), pp. 2325-2344. MS. SSRN.

Law and finance matter: Lessons from externally-imposed courts (with James R. Brown and Rawley Z. Heimer).

Review of Financial Studies Vol 30, No. 3 (March 2017), pp. 1019-1051. RFS. SSRN.

Best Paper in Financial Markets and Institutions at the 2015 FMA Conference.

Courting economic development (with James R. Brown and Rawley Z. Heimer).

World Bank Economic Review. Vol 30, No Supp 1 (March 2017). WBER.

Leverage and strategic preemption: Lessons from entry plans and incumbent investments.

Journal of Financial Economics Vol 123, No 2 (February 2017), pp. 292-312. JFE. SSRN.

Determinants of bank mergers: A revealed preference analysis (with Oktay Akkus and Ali Hortacsu).

Management Science. Vol. 62, No. 8 (August 2016), pp. 2241-2258. MS. SSRN.

Institutions and casinos: An empirical analysis of the location of Indian casinos.

Journal of Law and Economics. Vol 53, No. 4 (November 2010), pp. 651-687. Jstor.

Teaching

At Leeds School of Business (2013 - present)

Quantitative Methods (MSBC 5030 -- a master's statistics and programming course). Summers 2015, 2016, 2017, Fall 2018, Fall 2019, Fall 2020.
Investments (MBAX 6200 -- a MS finance course). Fall 2018, Fall 2019.
Foundations of Financial Analysis (FNCE 2010 -- a calculus and statistics course). Spring 2018 Term (2 Sections).
Empirical Methods in Finance (FNCE 7200 -- a doctoral research seminar). Spring 2016, Spring 2018.
Investments (FNCE 3030 -- an undergraduate finance course). Spring 2014, Spring 2015, Spring 2016.
Managerial Economics (MSBC 5015 -- a master's of finance core course). Summer 2015.

I taught extensively at UChicago while pursuing my Ph.D. I self-published a textbook from notes I developed while teaching at Montana State University. I did the same with some econometrics notes I developed while teaching Honors Econometrics at Chicago. In addition, you might find my YouTube channel interesting or useful.

Other Academic Activities

Co-director of Consumer Financial Decision Making Center (since Fall 2018, with Phil Fernbach). And, co-organizer of the Boulder Summer Conference.
Organizer of Finance in the Cloud, a series of virtual conferences.
Co-organizer of the Colorado Finance Summit.
Director of the MS in Finance program at CU Boulder (since Fall 2018).

For more information about my past presentations, service, advising, refereeing, etc., check out my CV.

Miscellaneous and Personal

Father of two exceptional children. Husband to my high school sweetheart.

Favorites:

Economist: Tie between Ronald Coase and Gary Becker.
Band: Matchbox 20.
Movie: Forrest Gump.

Book: Einstein's Dreams.

Textbook: Mostly Harmless Econometrics.

Country (outside of US): Switzerland

City: London

Special Administrative Region: Hong Kong

US State: Montana

YouTube Channel: Relaxing Piano Music.

Spotify: Infinite Acoustic.

Sport: The Sport of Fitness.

Other passions:

Crossfit Cielo

The Phoenix: Saving Lives Through Fitness

CTS Lutheran Church