Rohit Rahi

Associate Professor of Finance

Research interests

• Arbitrage in segmented markets
• Financial innovation and security design
• Asset pricing with asymmetric information
• General equilibrium theory
• Incomplete markets
• Networks 

Selected papers

• Walrasian Foundations for Equilibria in Segmented Markets, Mathematics and Financial Economics, (2014), 8:249–264 (with Jean-Pierre Zigrand)

• Value of Information in Competitive Economies with Incomplete Markets, International Economic Review, (2014), 55:57–81 (with Piero Gottardi)

• Risk-Sharing and Retrading in Incomplete Markets, Economic Theory (2013), 54: 287-304 (with Piero Gottardi)

• Strategic Financial Innovation in Segmented Markets, Review of Financial Studies (2009), 22: 2941-2971 (with JP Zigrand)

• Informed Trading, Investment and Welfare Journal of Business (2003), 76(3): 439-454 (with J Dow)

• Information Revelation and Market Incompleteness, Review of Economic Studies (2000),  67: 563-579 (with José M. Marín)

• Should Speculators Be Taxed?, Journal of Business (2000), 73: 89-107 (with J Dow)

• Speculative Securities, Economic Theory (1999), 14: 653-668 (with José M. Marín)

• Adverse Selection and Security Design, Review of Economic Studies (1996), 63: 287-300

• Optimal Incomplete Markets with Asymmetric Information, Journal of Economic Theory (1995), 65: 171-197

• Financial Market Innovation and Security Design: An Introduction, Journal of Economic Theory (1995), 65: 1-42 (with Darrell Duffie)

• Partially Revealing Rational Expectations Equilibria with Nominal Assets, Journal of Mathematical Economics (1995), 24: 137-146

• Information Aggregation in a Competitive Economy (with Jean-Pierre Zigrand). (Working paper)

• Market Quality and Contagion in Fragmented Markets (with Jean-Pierre Zigrand). (Working paper)

• Arbitrage Networks (with Jean-Pierre Zigrand). (Working paper)

• Efficiency Properties of Rational Expectations Equilibria with Asymmetric Information (with Piero Gottardi). (Working paper)

Teaching

• Office Hours (internal LSE access only)

Lectures/classes

• FM441 Derivatives
  Current students click here for course information

• FM320 Quantitative Finance
  Current students click here for course information 

Other webpages

• Dr Rohit Rahi's Personal webpage