Buffa, Andrea

Research

Andrea’s research interests include asset pricing with frictions, financial institutions, contract theory, and information economics. His work on the impact of asset management contracts on asset prices has been published in the Journal of Political Economy and has received the attention of The Economist, the Financial Times, and Bloomberg Businessweek. Other articles have been published in the Journal of Finance, the Journal of Financial Economics, and the Review of Finance. Andrea is the recipient of several research awards, including the 2013 Best Young Researcher Award by the Multinational Finance Society, the 2015 SFS Cavalcade Award for the Best Paper in Asset Pricing by the Society for Financial Studies, the 2024 KRX Best Paper Award by the Asia-Pacific Association of Derivatives (APAD), and the 2024 Best Paper Award in Investments by the Financial Management Association. Andrea has also been awarded a LTI Senior Fellowship by the Collegio Carlo Alberto.

Asset Management Industry, Financial Institutions, Asset Markets, Compensation Contracts

FNCE 3010 - Corporate Finance
Primary Instructor - Fall 2020 / Fall 2021 / Fall 2022
Covers the theory and practices governing the management of capital in a business firm. Examines the determinants of capital requirements, methods of obtaining capital, problems of internal financial management, implications of risk, and methods of financial analysis and valuations.
FNCE 4040 - Derivative Securities
Primary Instructor - Fall 2023 / Fall 2024
Develops the modern theory of contingent claims in a mathematical framework oriented toward applications. Examines how to use derivatives for risk management and to tailor portfolio payoffs. Provides an in-depth analysis of the properties of options.
FNCE 7020 - Financial Economics and Research
Primary Instructor - Fall 2023
Studies both theoretical models at the intersection of information economics and finance, as well as natural language processing techniques, focused on financial and accounting documents.