Professor Konstantinos Koufopoulos
Professor

Profile

Biography

• BSc (Athens)
• MSc (Southampton)
• MSc (LSE)
• PhD (LSE)

Departmental roles

• Chair, Graduate School Board (GSB)
• Postgraduate Programme Leader for MSc Finance

Teaching

Undergraduate

• The Structure and Regulation of Financial Markets

Postgraduate

• Corporate Finance

Other teaching

PhD: 

• Corporate Finance

Research

Overview

• Banking
• Contract Theory
• Corporate Finance
• Market Microstructure

Publications

Selected publications

• “Bank capital structure and regulation: Overcoming and embracing adverse selection”, (with Swarnava Biswas), Journal of Financial Economics, forthcoming.
• “Separating Equilibria, Underpricing and Security Design”, (with Dan Bernhardt and Giulio Trigilia), Journal of Financial Economics, forthcoming.
• “Is There a Paradox of Pledgeability?”, (with Dan Bernhardt and Giulio Trigilia), Journal of Financial Economics, 2020, 137, 606 – 611.
• “Bank Competition and Financing Efficiency under Asymmetric Information”, (with Swarnava Biswas), Journal of Corporate Finance, 2020, 65, 101504.
• “Optimal Security Design under Asymmetric Information and Profit Manipulation”, (with Roman Kozhan and Giulio Trigilia), Review of Corporate Finance Studies, 2019, 8, 146–173.
• “(Neutrally) Optimal Mechanism under Adverse Selection: the canonical insurance problem” (with Theodoros Diasakos), Games & Economic Behavior, 2018, 111, 159 – 186.
• “Short-term Corporate Debt Around The World”, (with Marco Sorge and Chendi Zhang), Journal of Money, Credit and Banking, 2017, 49, 997 – 1029.
• “Efficient Allocations in Economies with Asymmetric Information when the Realized Frequency of Types is Common Knowledge”, (with Aristotelis Boukouras), Economic Theory, 2017, 64, 75 – 98.
• “Supply of Capital and Capital Structure: The Role of Financial Development”, (with Angelos Antzoulatos, Costas Lambrinoudakis, and Emmanuel Tsiritakis), Journal of Corporate Finance, 2016, 38, 166 – 195.
• “Optimal Insurance Under Adverse Selection and Ambiguity Aversion”, (with Roman Kozhan), Economic Theory, 2016, 62, 659 – 687.
• “Welfare-Improving Ambiguity in Insurance Markets with Asymmetric Information”, (with Roman Kozhan), Journal of Economic Theory, 2014, 151, 551 – 560.
• “Optimal Securities under Adverse Selection and Moral Hazard”, Journal of Mathematical Economics, 2009, 45, 341 – 360.
• “On the Positive Correlation Property in Competitive Insurance Markets”, Journal of Mathematical Economics, 2007, 43, 597 – 605.