Lin William Cong

University of Chicago - Booth School of Business

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

SCHOLARLY PAPERS

16

DOWNLOADS
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Top 1,376

in Total Papers Downloads

20,385

CITATIONS

0

Scholarly Papers (16)

Blockchain Disruption and Smart Contracts

Number of pages: 48 Posted: 14 Jun 2017 Last Revised: 12 Mar 2019
Lin William Cong and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 5,466 (1,211)

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Anti-trust, Cryptocurrency, Competition, Decentralization, Distributed Ledger, FinTech, Incomplete Contracts, Collusion, Information, Repeated Games.

Blockchain Disruption and Smart Contracts

NBER Working Paper No. w24399
Number of pages: 52 Posted: 12 Mar 2018
Lin William Cong and Zhiguo He
University of Chicago - Booth School of Business and University of Chicago - Finance
Downloads 27 (484,520)
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2.

Rise of Factor Investing: Asset Prices, Informational Efficiency, and Security Design

29th Australasian Finance and Banking Conference 2016
Number of pages: 57 Posted: 29 Jun 2016 Last Revised: 17 Apr 2019
Lin William Cong and Douglas Xu
University of Chicago - Booth School of Business and University of Chicago
Downloads 2,700 (4,213)

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Composite Securities, ETFs, Smart Beta, Index-Linked investment, Financial Innovation, Security Design, Informational Efficiency

Credit Allocation under Economic Stimulus: Evidence from China

Chicago Booth Research Paper No. 17-19
Number of pages: 57 Posted: 01 Nov 2016 Last Revised: 18 Nov 2018
Lin William Cong, Haoyu Gao, Jacopo Ponticelli and Xiaoguang Yang
University of Chicago - Booth School of Business, Central University of Finance and Economics (CUFE), Northwestern University - Kellogg School of Management and Chinese Academy of Sciences (CAS)
Downloads 2,255 (5,572)

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Misallocation, Reallocation, Banking, Growth, Firm Investment, Employment

Credit Allocation Under Economic Stimulus: Evidence from China

Buffett Institute Global Poverty Research Lab Working Paper No. 17-108
Number of pages: 57 Posted: 19 Feb 2018 Last Revised: 18 Nov 2018
Lin William Cong, Haoyu Gao, Jacopo Ponticelli and Xiaoguang Yang
University of Chicago - Booth School of Business, Central University of Finance and Economics (CUFE), Northwestern University - Kellogg School of Management and Chinese Academy of Sciences (CAS)
Downloads 188 (157,787)

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credit, credit allocation, credit expansion, firms, China, capital, growth, recessions

4.
Downloads 2,041 ( 6,712)

Auctions of Real Options

Number of pages: 54 Posted: 26 Aug 2012 Last Revised: 06 Feb 2018
Lin William Cong
University of Chicago - Booth School of Business
Downloads 1,192 (15,822)

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Real Options; Auctions; Acquisitions; Security Design; Timing Games; Oil and Gas Leases

Timing of Auctions of Real Options

Number of pages: 44 Posted: 09 Sep 2012 Last Revised: 08 Feb 2019
Lin William Cong
University of Chicago - Booth School of Business
Downloads 849 (26,278)

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Auctions; Dynamic Game; Initiation; Optimal Stopping; Real Options; Mechanism Design; M\&A

Decentralized Mining in Centralized Pools

George Mason University School of Business Research Paper No. 18-9
Number of pages: 51 Posted: 22 Mar 2018 Last Revised: 22 Feb 2019
Lin William Cong, Zhiguo He and Jiasun Li
University of Chicago - Booth School of Business, University of Chicago - Finance and George Mason University - Department of Finance
Downloads 767 (30,222)

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Arms Race, Bitcoin, Blockchain, Cryptocurrency, Financial Innovation, FinTech, Mining Pools, Risk-Sharing.

Decentralized Mining in Centralized Pools

NBER Working Paper No. w25592
Number of pages: 51 Posted: 26 Feb 2019 Last Revised: 12 Apr 2019
Lin William Cong, Zhiguo He and Jiasun Li
University of Chicago - Booth School of Business, University of Chicago - Finance and George Mason University - Department of Finance
Downloads 2 (650,883)
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6.

Dynamic Interventions and Informational Linkages

Chicago Booth Research Paper No. 17-09
Number of pages: 71 Posted: 07 Mar 2016 Last Revised: 26 Nov 2017
Lin William Cong, Steven R. Grenadier and Yunzhi Hu
University of Chicago - Booth School of Business, Stanford Graduate School of Business and University of North Carolina (UNC) at Chapel Hill - Finance Area
Downloads 744 (32,044)

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Coordination Failures, Government Intervention, Information Design, Financial Crisis, Global Games

7.
Downloads 685 ( 35,848)

Persuasion in Relationship Finance

Number of pages: 69 Posted: 15 Aug 2017 Last Revised: 27 Mar 2019
Ehsan Azarmsa and Lin William Cong
University of Chicago, Booth School of Business and University of Chicago - Booth School of Business
Downloads 554 (46,820)

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Information Design, Security Design, Bayesian Persuasion, Relationship Lending, Moral Hazard, Hold-up, Experimentation, Venture Capital, Contracting

Persuasion in Relationship Finance

Becker Friedman Institute for Research in Economics Working Paper No. 2017-16
Number of pages: 69 Posted: 11 Oct 2017 Last Revised: 23 Mar 2019
Ehsan Azarmsa and Lin William Cong
University of Chicago, Booth School of Business and University of Chicago - Booth School of Business
Downloads 131 (213,879)

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Information Design, Security Design, Bayesian Persuasion, Relationship Lending, Moral Hazard, Hold-up, Experimentation, Venture Capital, Contracting

Information Cascades and Threshold Implementation

University of Chicago, Becker Friedman Institute for Economics Working Paper Forthcoming
Number of pages: 61 Posted: 22 Feb 2018 Last Revised: 28 Feb 2019
Lin William Cong and Yizhou Xiao
University of Chicago - Booth School of Business and The Chinese University of Hong Kong (CUHK) - CUHK Business School
Downloads 627 (39,718)

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All-or-nothing, Capital Markets, Crowd-funding, Dynamic Learning, Entrepreneurship, FinTech Platform, Information Aggregation, Information Cascade.

Information Cascades and Threshold Implementation

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-30
Number of pages: 62 Posted: 04 Mar 2019
Lin William Cong and Yizhou Xiao
University of Chicago - Booth School of Business and The Chinese University of Hong Kong (CUHK) - CUHK Business School
Downloads 19 (533,300)

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All-or-nothing, Capital Markets, Crowd-funding, Dynamic Learning, Entrepreneurship, FinTech Platform, Information Aggregation, Information Cascade

IPO Intervention and Innovation: Evidence from China

Chicago Booth Research Paper No. 146
Number of pages: 60 Posted: 06 Feb 2017 Last Revised: 21 Mar 2019
Lin William Cong and Sabrina Howell
University of Chicago - Booth School of Business and New York University (NYU) - Leonard N. Stern School of Business
Downloads 544 (47,897)

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Listing Suspensions, Innovation, Patent, IPO, China, Entrepreneurship

IPO Intervention and Innovation: Evidence from China

NBER Working Paper No. w24657
Number of pages: 66 Posted: 30 May 2018 Last Revised: 04 Jun 2018
Lin William Cong and Sabrina Howell
University of Chicago - Booth School of Business and New York University (NYU) - Leonard N. Stern School of Business
Downloads 7 (611,068)
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10.

Financial Reporting and Blockchains: Audit Pricing, Misstatements, and Regulation

Number of pages: 57 Posted: 25 Sep 2018 Last Revised: 01 Apr 2019
Sean Cao, Lin William Cong and Baozhong Yang
Georgia State University - School of Accountancy, University of Chicago - Booth School of Business and Georgia State University - Robinson College of Business
Downloads 499 (54,099)

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Auditor Risk and Sampling, Collaborative Auditing, Distributed Ledger Technology, FinTech, PCAOB PCAOB, RegTech, Technology Adoption, Zero-Knowledge Proof.

11.

Price of Value and the Divergence Factor

Number of pages: 46 Posted: 01 Mar 2017 Last Revised: 09 May 2018
Lin William Cong, Nathan George and Guojun Wang
University of Chicago - Booth School of Business, University of California, Berkeley - Fisher Center for Real Estate and Urban Economics and Tongji University
Downloads 499 (54,231)

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Factor models, asset pricing, anomalies, market efficiency, value investing

12.

Persistent Blessings of Luck

Number of pages: 44 Posted: 22 Feb 2017 Last Revised: 08 Aug 2018
Lin William Cong and Yizhou Xiao
University of Chicago - Booth School of Business and The Chinese University of Hong Kong (CUHK) - CUHK Business School
Downloads 448 (61,921)

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Private Equity, Venture Capital, Innovation, Delegated Investment, Performance Persistence, Manager Skills, Dynamic Contracts

13.

Tokenomics: Dynamic Adoption and Valuation

Becker Friedman Institute for Research in Economics Working Paper No. 2018-49, Fisher College of Business Working Paper No. 2018-03-015, Charles A. Dice Center Working Paper No. 2018-15, Columbia Business School Research Paper No. 18-62
Number of pages: 44 Posted: 30 Jul 2018 Last Revised: 22 May 2019
Lin William Cong, Ye Li and Neng Wang
University of Chicago - Booth School of Business, Ohio State University and Columbia University
Downloads 295 (5,075)

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Asset Pricing, Blockchain, Cryptocurrency, Digital Marketplace, FinTech, Intertemporal Feedback Effect, Network Externality, Tokens

14.

Textual Factors: A Scalable, Interpretable, and Data-driven Approach to Analyzing Unstructured Information

Number of pages: 39 Posted: 04 Jan 2019 Last Revised: 21 May 2019
Lin William Cong, Tengyuan Liang and Xiao Zhang
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 232 (128,734)

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Big Data, Factor Models, Machine Learning, Return Predictability, Text-based Analysis, Topic Models, Unstructured Data.

15.

Financing Entrepreneurship and Innovation in China: A Public Policy Perspective

Stanford University Graduate School of Business Research Paper No. 18-46
Number of pages: 55 Posted: 25 Sep 2018
Lin William Cong, Charles M.C. Lee, Yuanyu Qu and Tao Shen
University of Chicago - Booth School of Business, Stanford University - Graduate School of Business, University of International Business and Economics (UIBE) - School of Banking and Finance and Tsinghua University
Downloads 220 (136,755)

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16.

Tokenomics: Dynamic Adoption and Valuation

Columbia Business School Research Paper No. 18-46, 2nd Emerging Trends in Entrepreneurial Finance Conference
Number of pages: 44 Posted: 25 Apr 2018
Lin William Cong, Ye Li and Neng Wang
University of Chicago - Booth School of Business, Ohio State University and Columbia Business School - Finance and Economics
Downloads 2,120

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Asset Pricing, Blockchain, Cryptocurrency, Digital Marketplace, FinTech, Intertemporal Feedback Effect, Network Externality, Tokens