Professor Bart Taub

  • Professor in Finance (Economics)

email: Bart.Taub@glasgow.ac.uk

660 Gilbert Scott Building, ASBS South, University Avenue, Glasgow, G12 8QQ

Import to contacts

ORCID iDhttps://orcid.org/0000-0003-1223-1386

Biography

Bart Taub joined the University of Glasgow in 2013 as Professor of Financial Economics within the Adam Smith Business School. He received his BA from the University of Michigan and his PhD from the University of Chicago. His recent academic appointments include the University of Illinois and the University of Durham, with visiting appointments at the University of Chicago, New York University, the Higher School of Economics, and the European University Institute. He has published articles on monetary economics, growth theory, trade theory, the behaviour of firms and the functioning of stock markets, with a primary focus on how commitment and communication influence outcomes. 

He has also published articles for wider audiences on topics including babysitting, antitrust policy, and optimal soaring.

Research interests

Bart Taub is a member of the Finance research cluster.

Areas of expertise:

  • Financial market microstructure
  • Dynamic contract theory

Publications

List by: Type | Date

Jump to: 2023 | 2022 | 2020 | 2019 | 2018 | 2015 | 2014 | 2010 | 2009 | 2008 | 2006 | 2005 | 2004 | 2002 | 1999 | 1997 | 1996 | 1995 | 1994 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1983
Number of items: 47.

2023

Taub, B. (2023) Signal-jamming in the frequency domain. Games and Economic Behavior, 142, pp. 896-930. (doi: 10.1016/j.geb.2023.10.006)

Taub, B. (2023) Signal-jamming in the Frequency Domain. Working Paper. University of Glasgow.

2022

Hackbarth, D. and Taub, B. (2022) Does the potential to merge reduce competition? Management Science, 68(7), pp. 5364-5383. (doi: 10.1287/mnsc.2021.4089)

Ewald, C. O. and Taub, B. (2022) Real options, risk aversion and markets: A corporate finance perspective. Journal of Corporate Finance, 72, 102164. (doi: 10.1016/j.jcorpfin.2022.102164)

2020

Taub, B. (2020) The intuition of the MacCready setting. Technical Soaring, 43(2), pp. 14-21.

Moulin, H. , Seth, A. and Taub, B. (2020) Self-enforcing cooperation via strategic investment. Economic Theory Bulletin, 8(1), pp. 1-11. (doi: 10.1007/s40505-019-00163-7)

2019

Taub, B. (2019) Economic and financial modeling techniques in the frequency domain. Economic Theory Bulletin, 7(1), pp. 1-17. (doi: 10.1007/s40505-018-0151-x)

2018

Hackbarth, D. and Taub, B. (2018) Can horizontal mergers actually boost competition? ProMarket, 14 Aug.

Taub, B. (2018) Inconspicuousness and obfuscation: how large shareholders dynamically manipulate output and information for trading purposes. Annals of Finance, 14(4), pp. 429-464. (doi: 10.1007/s10436-018-0334-3)

2015

Taub, B. (2015) An unequal distribution of wealth is a good thing. Aspire, 2015(16), Summer.

Bernhardt, D. and Taub, B. (2015) Learning about common and private values in oligopoly. Rand Journal of Economics, 46(1), pp. 66-85. (doi: 10.1111/1756-2171.12077)

2014

Boulatov, A. and Taub, B. (2014) Liquidity and the marginal value of information. Economic Theory, 55(2), pp. 307-334. (doi: 10.1007/s00199-013-0757-z)

2010

Bernhardt, D., Seiler, P. and Taub, B. (2010) Speculative dynamics. Economic Theory, 44(1), pp. 1-52. (doi: 10.1007/s00199-009-0456-y)

Bernhardt, D. and Taub, B. (2010) How and when is dual trading irrelevant. Journal of Financial Markets, 13(2), pp. 295-320. (doi: 10.1016/j.finmar.2010.01.001)

2009

Taub, B. (2009) Implementing the Iakoubovski-Merino spectral factorization algorithm using state-space methods. Systems and Control Letters, 58(6), pp. 445-451. (doi: 10.1016/j.sysconle.2009.02.008)

Taub, B. and Zhao, R. (2009) Enclosure. Economic Inquiry, 47(2), pp. 377-393. (doi: 10.1111/j.1465-7295.2007.00119.x)

2008

Taub, B. and Zhao, R. (2008) Why doesn't Luxembourg send all its capital to India? Journal of Macroeconomics, 30(4), pp. 1335-1346. (doi: 10.1016/j.jmacro.2008.04.002)

Bernhardt, D. and Taub, B. (2008) Cross-asset speculation in stock markets. Journal of Finance, 63(5), pp. 2385-2427. (doi: 10.1111/j.1540-6261.2008.01400.x)

Seiler, P. and Taub, B. (2008) The dynamics of strategic information flows in stock markets. Finance and Stochastics, 12(1), pp. 43-82. (doi: 10.1007/s00780-007-0046-4)

Bernhardt, D. and Taub, B. (2008) Front-running dynamics. Journal of Economic Theory, 138(1), pp. 288-296. (doi: 10.1016/j.jet.2007.05.005)

2006

Bernhardt, D. and Taub, B. (2006) Kyle v. Kyle ('85 v. '89). Annals of Finance, 2(1), pp. 23-38. (doi: 10.1007/s10436-005-0031-x)

2005

Chade, H. and Taub, B. (2005) Stable coalitions in a continuous-time model of risk sharing. Mathematical Social Sciences, 50(1), pp. 24-38. (doi: 10.1016/j.mathsocsci.2005.02.001)

2004

Taub, B. and Kibris, O. (2004) Bargaining power in stationary parallelogram games. Review of Economic Design, 8(4), pp. 449-464. (doi: 10.1007/s10058-004-0114-6)

2002

Taub, B. and Chade, H. (2002) Segmented risk sharing in a continuous-time setting. Economic Theory, 20(4), pp. 645-675. (doi: 10.1007/s001990100230)

Chakravorti, B., Conley, J. and Taub, B. (2002) Probalistic cheap talk. Social Choice and Welfare, 19(2), pp. 281-294. (doi: 10.1007/s003550100111)

1999

Chakravorti, B., Conley, J. and Taub, B. (1999) Economic applications of of probalistic cheap talk. In: Wooders, M. (ed.) Topics in Mathematical Economics and Game Theory: Essays in Honor of Robert J. Aumann. Series: Fields Institute communications (23). American Mathematical Society: Providence, RI, USA. ISBN 9780821805251

Taub, B. (1999) International financial equilibrium with risk sharing and private information. In: Alkan, A., Aliprantis, C.D. and Yannelis, N.C. (eds.) Current Trends in Economics: Theory and Applications: Proceedings of the Third International Meeting of the Society for the Advancement of Economic Theory, Antalya, Turkey, June 1997. Series: Studies in economic theory (8). Springer: Berlin, Germany. ISBN 9783540653837

1997

Taub, B. (1997) Optimal policy in a model of endogenous fluctuations and assets. Journal of Economic Dynamics and Control, 21(10), pp. 1669-1697. (doi: 10.1016/S0165-1889(97)00040-7)

Taub, B. (1997) Dynamic agency with feedback. Rand Journal of Economics, 28(3), pp. 515-543.

1996

Chakravorti, B., Conley, J. and Taub, B. (1996) On uniquely implementing cooperation in the prisoners' dilemma. Economic Theory, 8(2), pp. 347-366. (doi: 10.1007/BF01211822)

1995

Taub, B. (1995) Money as a growth-enhancing mechanism. Journal of International Trade and Economic Development, 4(3), pp. 385-407. (doi: 10.1080/09638199500000028)

1994

Taub, B. (1994) Currency and credit are equivalent mechanisms. International Economic Review, 35(4), pp. 921-956.

Taub, B. (1994) Aggregate fluctuations, interest rates and repeated insurance under private information. Journal of Economic Dynamics and Control, 18(2), pp. 433-465. (doi: 10.1016/0165-1889(94)90017-5)

1992

Ioannides, Y. and Taub, B. (1992) On dynamics with time-to-build investment technology and non-time separable leisure. Journal of Economic Dynamics and Control, 16(2), pp. 225-241. (doi: 10.1016/0165-1889(92)90032-A)

1991

Ball, J. and Taub, B. (1991) Factoring spectral matrices in linear-quadratic models. Economics Letters, 35(1), pp. 39-44. (doi: 10.1016/0165-1765(91)90102-Q)

1990

Taub, B. (1990) The equivalence of lending equlibria and signaling-based insurance under asymmetric information. Rand Journal of Economics, 21(3), pp. 388-408.

1989

Taub, B. (1989) The optimum quantity of money in a stochastic economy. International Economic Review, 30(2), pp. 255-273.

Taub, B. (1989) Insurance and economic growth. Journal of Public Economics, 38(2), pp. 249-264. (doi: 10.1016/0047-2727(89)90028-5)

Taub, B. (1989) Aggregate fluctuations as an information transmission mechanism. Journal of Economic Dynamics and Control, 13(1), pp. 113-150. (doi: 10.1016/0165-1889(89)90014-6)

Taub, B. (1989) Dynamic consistency of insurance contracts under enforcement by exclusion. Journal of Economic Dynamics and Control, 13(1), pp. 93-112. (doi: 10.1016/0165-1889(89)90013-4)

1988

Taub, B. (1988) Efficiency in a pure currency economy with inflation. Economic Inquiry, 26(4), pp. 567-583. (doi: 10.1111/j.1465-7295.1988.tb01518.x)

1987

Taub, B. (1987) A model of medieval grain prices: comment. American Economic Review, 77(5), pp. 1048-1053.

1986

Taub, B. (1986) The tradeoff between social insurance and aggregate fluctuations. Information Economics and Policy, 2(4), pp. 259-276. (doi: 10.1016/0167-6245(86)90003-X)

Taub, B. (1986) Asymptotic properties of pipeline control of the money supply. International Economic Review, 27(3), pp. 647-665.

1985

Taub, B. (1985) Private fiat money with many suppliers. Journal of Monetary Economics, 16(2), pp. 195-208. (doi: 10.1016/0304-3932(85)90030-3)

Taub, B. (1985) Equilibrium traits of durable commodity money. Journal of Banking and Finance, 9(1), pp. 5-34. (doi: 10.1016/0378-4266(85)90060-3)

1983

Taub, B. (1983) Book Review: The case for gold: a minority report of the U.S. gold commission. Journal of Economic Literature, 21(4), pp. 1527-1529. [Book Review]

This list was generated on Wed Nov 20 18:05:46 2024 GMT.
Jump to: Articles | Book Sections | Book Reviews | Research Reports or Papers
Number of items: 47.

Articles

Taub, B. (2023) Signal-jamming in the frequency domain. Games and Economic Behavior, 142, pp. 896-930. (doi: 10.1016/j.geb.2023.10.006)

Hackbarth, D. and Taub, B. (2022) Does the potential to merge reduce competition? Management Science, 68(7), pp. 5364-5383. (doi: 10.1287/mnsc.2021.4089)

Ewald, C. O. and Taub, B. (2022) Real options, risk aversion and markets: A corporate finance perspective. Journal of Corporate Finance, 72, 102164. (doi: 10.1016/j.jcorpfin.2022.102164)

Taub, B. (2020) The intuition of the MacCready setting. Technical Soaring, 43(2), pp. 14-21.

Moulin, H. , Seth, A. and Taub, B. (2020) Self-enforcing cooperation via strategic investment. Economic Theory Bulletin, 8(1), pp. 1-11. (doi: 10.1007/s40505-019-00163-7)

Taub, B. (2019) Economic and financial modeling techniques in the frequency domain. Economic Theory Bulletin, 7(1), pp. 1-17. (doi: 10.1007/s40505-018-0151-x)

Hackbarth, D. and Taub, B. (2018) Can horizontal mergers actually boost competition? ProMarket, 14 Aug.

Taub, B. (2018) Inconspicuousness and obfuscation: how large shareholders dynamically manipulate output and information for trading purposes. Annals of Finance, 14(4), pp. 429-464. (doi: 10.1007/s10436-018-0334-3)

Taub, B. (2015) An unequal distribution of wealth is a good thing. Aspire, 2015(16), Summer.

Bernhardt, D. and Taub, B. (2015) Learning about common and private values in oligopoly. Rand Journal of Economics, 46(1), pp. 66-85. (doi: 10.1111/1756-2171.12077)

Boulatov, A. and Taub, B. (2014) Liquidity and the marginal value of information. Economic Theory, 55(2), pp. 307-334. (doi: 10.1007/s00199-013-0757-z)

Bernhardt, D., Seiler, P. and Taub, B. (2010) Speculative dynamics. Economic Theory, 44(1), pp. 1-52. (doi: 10.1007/s00199-009-0456-y)

Bernhardt, D. and Taub, B. (2010) How and when is dual trading irrelevant. Journal of Financial Markets, 13(2), pp. 295-320. (doi: 10.1016/j.finmar.2010.01.001)

Taub, B. (2009) Implementing the Iakoubovski-Merino spectral factorization algorithm using state-space methods. Systems and Control Letters, 58(6), pp. 445-451. (doi: 10.1016/j.sysconle.2009.02.008)

Taub, B. and Zhao, R. (2009) Enclosure. Economic Inquiry, 47(2), pp. 377-393. (doi: 10.1111/j.1465-7295.2007.00119.x)

Taub, B. and Zhao, R. (2008) Why doesn't Luxembourg send all its capital to India? Journal of Macroeconomics, 30(4), pp. 1335-1346. (doi: 10.1016/j.jmacro.2008.04.002)

Bernhardt, D. and Taub, B. (2008) Cross-asset speculation in stock markets. Journal of Finance, 63(5), pp. 2385-2427. (doi: 10.1111/j.1540-6261.2008.01400.x)

Seiler, P. and Taub, B. (2008) The dynamics of strategic information flows in stock markets. Finance and Stochastics, 12(1), pp. 43-82. (doi: 10.1007/s00780-007-0046-4)

Bernhardt, D. and Taub, B. (2008) Front-running dynamics. Journal of Economic Theory, 138(1), pp. 288-296. (doi: 10.1016/j.jet.2007.05.005)

Bernhardt, D. and Taub, B. (2006) Kyle v. Kyle ('85 v. '89). Annals of Finance, 2(1), pp. 23-38. (doi: 10.1007/s10436-005-0031-x)

Chade, H. and Taub, B. (2005) Stable coalitions in a continuous-time model of risk sharing. Mathematical Social Sciences, 50(1), pp. 24-38. (doi: 10.1016/j.mathsocsci.2005.02.001)

Taub, B. and Kibris, O. (2004) Bargaining power in stationary parallelogram games. Review of Economic Design, 8(4), pp. 449-464. (doi: 10.1007/s10058-004-0114-6)

Taub, B. and Chade, H. (2002) Segmented risk sharing in a continuous-time setting. Economic Theory, 20(4), pp. 645-675. (doi: 10.1007/s001990100230)

Chakravorti, B., Conley, J. and Taub, B. (2002) Probalistic cheap talk. Social Choice and Welfare, 19(2), pp. 281-294. (doi: 10.1007/s003550100111)

Taub, B. (1997) Optimal policy in a model of endogenous fluctuations and assets. Journal of Economic Dynamics and Control, 21(10), pp. 1669-1697. (doi: 10.1016/S0165-1889(97)00040-7)

Taub, B. (1997) Dynamic agency with feedback. Rand Journal of Economics, 28(3), pp. 515-543.

Chakravorti, B., Conley, J. and Taub, B. (1996) On uniquely implementing cooperation in the prisoners' dilemma. Economic Theory, 8(2), pp. 347-366. (doi: 10.1007/BF01211822)

Taub, B. (1995) Money as a growth-enhancing mechanism. Journal of International Trade and Economic Development, 4(3), pp. 385-407. (doi: 10.1080/09638199500000028)

Taub, B. (1994) Currency and credit are equivalent mechanisms. International Economic Review, 35(4), pp. 921-956.

Taub, B. (1994) Aggregate fluctuations, interest rates and repeated insurance under private information. Journal of Economic Dynamics and Control, 18(2), pp. 433-465. (doi: 10.1016/0165-1889(94)90017-5)

Ioannides, Y. and Taub, B. (1992) On dynamics with time-to-build investment technology and non-time separable leisure. Journal of Economic Dynamics and Control, 16(2), pp. 225-241. (doi: 10.1016/0165-1889(92)90032-A)

Ball, J. and Taub, B. (1991) Factoring spectral matrices in linear-quadratic models. Economics Letters, 35(1), pp. 39-44. (doi: 10.1016/0165-1765(91)90102-Q)

Taub, B. (1990) The equivalence of lending equlibria and signaling-based insurance under asymmetric information. Rand Journal of Economics, 21(3), pp. 388-408.

Taub, B. (1989) The optimum quantity of money in a stochastic economy. International Economic Review, 30(2), pp. 255-273.

Taub, B. (1989) Insurance and economic growth. Journal of Public Economics, 38(2), pp. 249-264. (doi: 10.1016/0047-2727(89)90028-5)

Taub, B. (1989) Aggregate fluctuations as an information transmission mechanism. Journal of Economic Dynamics and Control, 13(1), pp. 113-150. (doi: 10.1016/0165-1889(89)90014-6)

Taub, B. (1989) Dynamic consistency of insurance contracts under enforcement by exclusion. Journal of Economic Dynamics and Control, 13(1), pp. 93-112. (doi: 10.1016/0165-1889(89)90013-4)

Taub, B. (1988) Efficiency in a pure currency economy with inflation. Economic Inquiry, 26(4), pp. 567-583. (doi: 10.1111/j.1465-7295.1988.tb01518.x)

Taub, B. (1987) A model of medieval grain prices: comment. American Economic Review, 77(5), pp. 1048-1053.

Taub, B. (1986) The tradeoff between social insurance and aggregate fluctuations. Information Economics and Policy, 2(4), pp. 259-276. (doi: 10.1016/0167-6245(86)90003-X)

Taub, B. (1986) Asymptotic properties of pipeline control of the money supply. International Economic Review, 27(3), pp. 647-665.

Taub, B. (1985) Private fiat money with many suppliers. Journal of Monetary Economics, 16(2), pp. 195-208. (doi: 10.1016/0304-3932(85)90030-3)

Taub, B. (1985) Equilibrium traits of durable commodity money. Journal of Banking and Finance, 9(1), pp. 5-34. (doi: 10.1016/0378-4266(85)90060-3)

Book Sections

Chakravorti, B., Conley, J. and Taub, B. (1999) Economic applications of of probalistic cheap talk. In: Wooders, M. (ed.) Topics in Mathematical Economics and Game Theory: Essays in Honor of Robert J. Aumann. Series: Fields Institute communications (23). American Mathematical Society: Providence, RI, USA. ISBN 9780821805251

Taub, B. (1999) International financial equilibrium with risk sharing and private information. In: Alkan, A., Aliprantis, C.D. and Yannelis, N.C. (eds.) Current Trends in Economics: Theory and Applications: Proceedings of the Third International Meeting of the Society for the Advancement of Economic Theory, Antalya, Turkey, June 1997. Series: Studies in economic theory (8). Springer: Berlin, Germany. ISBN 9783540653837

Book Reviews

Taub, B. (1983) Book Review: The case for gold: a minority report of the U.S. gold commission. Journal of Economic Literature, 21(4), pp. 1527-1529. [Book Review]

Research Reports or Papers

Taub, B. (2023) Signal-jamming in the Frequency Domain. Working Paper. University of Glasgow.

This list was generated on Wed Nov 20 18:05:46 2024 GMT.

Grants

  • Fernand Braudel Fellowship, "On The Interaction of Commitment and Communication Constraints in  the Dynamic Behaviour of the Distribution of Wealth," European University Institute, Florence, 2020-2021;
  • National Science Foundation Research Grant, “Cladistic Asset Pricing,” SES-0317700, 2003–2007 (with Dan Bernhardt);
  • Guggenheim Foundation Fellowship: “Contracts as a Means of Producing Information in Society,” 1995-96;
  • National Science Foundation Research Grant: “Strategic Information Manipulation as a Model of Assets and Aggregate Fluctuations,” 1992-94;
  • National Science Foundation Research Grant: “Integrative Noise and Fixed-Point Methods as Solutions Techniques for General Linear- Quadratic Models of Endogenous Information,” 1988-90;
  • Earhart Fellowship Research Grant: “Capital and Interest in a Money-Shock Model of the Business Cycle,” 1988;
  • Earhart Fellowship 1977-1979: Hillman Fund Scholarship, 1979.

Supervision

  • Almarshad, Khozama Khaled S: Essays in Financial Market Microstructure
  • Asumadagwine, Godwin: Essays on Real Options
  • Duong, Hai: Essays on Financial Market Microstructure
  • Asumadagwine, Godwin
    Investment Timing and Decision Making in Emerging Economies
  • Chen, Yixuan
    Evaluating the Risk Premium using the Put-Call Ratio.
  • Duong, Hai
    An essay on price impact: How limit order book events and order flow affect price formation.
  • Sun, Longguang
    Applying machine learning to solve the optimal stopping problem in aquaculture

Teaching

Current teaching:

  • MSc Financial Market Microstructure
  • MSc Economic Fundamentals and Financial Markets 

Previous teaching:

  • MA and MSc Corporate finance
  • UG Intermediate macroeconomics
  • Macroeconomic policy (UG)
  • PhD Core graduate macroeconomics II
  • PhD Advanced monetary theory
  • PhD Dynamics I (deterministic continuous-time control and growth theory)
  • PhD Dynamics II (continuous time stochastic control and discrete dynamic programming and frequency domain methods)
  • PhD Dynamic contract theory
  • PhD Mathematics for econometrics
  • MA Econometrics



Additional information

 

 


Bart Taub