Augustin Landier

304 Mulberry Street [email protected] #LJ Phone: 6177929122 New York, NY 10012

Employment:

ADA INVESTMENT MANAGEMENT, New York Founding Partner, July 2008-present Creation of an independent asset management company offering products based on proprietary quantitative research. Setting-up of operations, hiring of a team of six employees. Ada’s long-short equity fund started trading Oct 1.

OLD LANE LP (CITI ALTERNATIVE INVESTMENTS), New York Director&Portfolio Manager, QSF, March 20, 2007- June 30, 2008 Development and implementation of quantitative long-short equity strategies.

NEW YORK UNIVERSITY, STERN SCHOOL OF BUSINESS Adjunct Professor of Finance, September 2008-Present Assistant Professor of Finance, July 2004- August 2008. Teaching: Corporate Finance (core MBA class), Topics in Hedge Funds (elective MBA Class).

UNIVERSITY OF CHICAGO, GRADUATE SCHOOL OF BUSINESS Assistant Professor of Finance, 2002-2004.

Education:

MASSACHUSETTS INSTITUTE OF TECHNOLOGY, Cambridge, MA Ph.D. in Economics, 2002.

ECOLE NORMALE SUPERIEURE, Paris, France. M.A. and Agregation of Mathematics (1994-1997). Master in Economics , DELTA-EHESS, Paris, 1998. Master in Philosophy of Science , Sorbonne, Paris, 1996.

Awards:

2008: Manpower Institute Prize awarded for “Le Grand Méchant Marché” 2007: Rossi Prize awarded by French “Academy of Moral and Social Sciences” 2002: Solow Prize for excellence in research and teaching. 2001: NBER Fellowship in Health and Aging. 2000 : Lavoisier Fellowship. 1998 - 2000: MIT Fellowship, Department of Economics. 1999: Lurcis Fellowship, French-American Commission . 1994 – 1997: Ecole Normale Superieure Fellowship.

Selected Academic Publications:

“Why has CEO pay increased so much?” with Xavier Gabaix, Quarterly Journal of Economics, 2008. (paper mentioned in the New York Times, the Wall Street Journal, The Financial Times, the Economist, USAToday, the Dow Jones Newswires, CNBC, NPR, The Deal, Le Monde)

“Financial Contracting with Optimistic Entrepreneurs: Theory and Evidence” (with David Thesmar), forthcoming, Review of Financial Studies

“Tradeoffs in Staying Close : Geographic Dispersion and Corporate Decision-Making” (with Vinay Nair and Julie Wulf), 2008, Review of Financial Studies

“Optimal Dissent in Organizations” (with David Sraer and David Thesmar), forthcoming, Review of Economic Studies

“Financial Risk-Management: Why did Independence fail?” (with David Sraer and David Thesmar), forthcoming, American Economic Review Papers&Proceedings

“A Calibratable Model of Optimal CEO Incentives in Market Equilibrium”, joint with Alex Edmans and Xavier Gabaix , forthcoming , Review of Financial Studies

“Investigating the Origins of Capitalism-Aversion”, joint with David Thesmar and Mathias Thoenig, 2008, Economic Policy

“The perverse effects of partial labor market reform: Fixed duration contracts in France”, with Olivier Blanchard, The Economic Journal, June 2002, vol. 112.

“Les Nouvelles Frontières de la Gouvernance du Risque”, Revue d'Economie Financière et Revue Risques, (joint issue) juin 2008, p. 399-403

Books:

“Investing for Change: Profit from responsible investing”, joint with Vinay Nair, Oxford University Press, November 2008, 192pp.

“Le Grand Méchant Marché”, Flammarion 2007, joint with David Thesmar, 182 pp. (in French).

Unpublished Papers:

Bottom-Up Corporate Governance (with David Sraer and David Thesmar) Entrepreneurial Pressure and Innovation (with Manuel Amador) Entrepreneurship and the Stigma of Failure Start-Up Financing: from Banks to Venture Capital Wishful Thinking: a Model of Optimal Reality Denial

Non-academic Articles:

“Market Forces”, Stern Business, Fall/Winter 2006, with X. Gabaix.

“Comparative Capitalism: What accounts for Europe’s and America’s different attitudes toward the free market?” STERN Business, Fall/Winter 2007, with David Thesmar, and Mathias Thoenig

Monthly columnist in French economic newspaper, Les Echos

Refereeing Activity: American Economic Review, European Economic Review, Journal of Applied Economics, Journal of Finance, Journal of Labor Economics, Journal of Public Economics, Quarterly Journal of Economics, Review of Economic Studies, Review of Financial Studies, Journal of Financial Economics.