Working papers

• Hendershott, Terrence, Dan Li, Dmitry Livdan, Norman Schürhoff, and Kumar Venkataraman, 2022, Quote Competition in Corporate Bonds, Swiss Finance Institute Research Paper No. 22-70
• Hendershott, Terrence, Dmitry Livdan and Norman Schürhoff, 2021, All-to-All Liquidity in Corporate Bonds, Swiss Finance Institute Research Paper No. 21-43
• Dieler, Tobias, Loriano Mancini, and Norman Schürhoff, 2021, (In)efficient repo markets, Swiss Finance Institute Research Paper No. 21-10
• Hendershott, Terrence, Dan Li, Dmitry Livdan, and Norman Schürhoff, 2020, True Cost of Immediacy, Swiss Finance Institute Research Paper No. 20-71
• Cestau, Darío, Richard C. Green, Burton Hollifield, and Norman Schürhoff, 2020, Should State Governments Prohibit the Negotiated Sales of Municipal Bonds?, Swiss Finance Institute Research Paper
• Dimopoulos, Theodosios and Norman Schürhoff, 2019, Self-inflicted Debt Crises, Swiss Finance Institute Research Paper No. 21-11
• Schürhoff, Norman and Alexandre Ziegler, 2011, Variance risk, financial intermediation, and the cross-section of expected option returns

Publications

• Rolland, Paul, Luca Viano, Norman Schürhoff, Boris Nikolov, and Volkan Cevher, 2022, Identifiability and generalizability from multiple experts in Inverse Reinforcement Learning, Neural Information Processing Systems (NeurIPS), 2022
• Hendershott, Terrence, Dan Li, Dmitry Livdan, and Norman Schürhoff, 2020, Relationship Trading in OTC Markets, Journal of Finance 75(2), 2020, 683-734
• Li, Dan and Norman Schürhoff, 2019, Dealer Networks, Journal of Finance 74(1), 2019, 91–144
• Cestau, Darío, Burton Hollifield, Dan Li, and Norman Schürhoff, 2019, Municipal Bond Markets, Annual Review of Financial Economics 11, 2019, 65–84
• Morellec, Erwan, Boris Nikolov, and Norman Schürhoff, 2018, Agency Conflicts Around the World, Review of Financial Studies 31(11), 2018, 4232–4287
• Hendershott, Terrence, Dmitry Livdan, and Norman Schürhoff, 2015, Are Institutions Informed About News?, Journal of Financial Economics 117(2), 2015, 249–287
• Chen, Zhihua, Aziz A. Lookman, Norman Schürhoff, and Duane J. Seppi, 2015, Rating-Based Investment Practices and Bond Market Segmentation, Review of Asset Pricing Studies 4(2), 2014, 162–205 (Editor’s Choice; RAPS Best Paper Award 2015)
• de Treville, Suzanne, Isik Bicer, Valérie Chavez-Demoulin, Verena Hagspiel, Norman Schürhoff, Christophe Tasserit, Stefan Wager, 2014, Valuing Lead Time, Journal of Operations Management 32(6), 2014, 337–346
• de Treville, Suzanne, Norman Schürhoff, Lenos Trigeorgis, Benjamin Avanzi, 2014, Optimal Sourcing and Lead-Time Reduction under Evolutionary Demand Risk, Production and Operations Management 23(12), 2014, 2103–2117
• Cestau, Darío, Richard C. Green, and Norman Schürhoff, 2013, Tax-subsidized underpricing: The market for Build America Bonds, Journal of Monetary Economics 60(5), 2013, 593–608
• Morellec, Erwan, Boris Nikolov, and Norman Schürhoff, 2012, Corporate Governance and Capital Structure Dynamics, Journal of Finance 67(3), 2012, 803–848
• Morellec, Erwan and Norman Schürhoff, 2018, Corporate Investment and Financing under Asymmetric Information, Journal of Financial Economics 99(2), 2011, 262–288
• Green, Richard C., Dan Li, and Norman Schürhoff, 2010, Price Discovery in Illiquid Markets: Do Financial Asset Prices Rise Faster Than They Fall?, Journal of Finance 65(5), 2010, 1669–1702 (Smith Breeden Prize 2010 Distinguished Paper)
• Morellec, Erwan and Norman Schürhoff, 2010, Dynamic Investment and Financing under Personal Taxation, Review of Financial Studies 23(1), 2010, 101–146
• Green, Richard C., Burton Hollifield, and Norman Schürhoff, 2007, Financial Intermediation and the Costs of Trading in an Opaque Market, Review of Financial Studies 20(2), 2007, 275–314
• Green, Richard C., Burton Hollifield, and Norman Schürhoff, 2007, Dealer Intermediation and Price Behavior in the Aftermarket for New Bond Issues, Journal of Financial Economics 86(3), 2007, 643–682

Cost of lead-time calculator

• OpLab | Cost Differential Frontier tool by Suzanne de Treville and Norman Schürhoff
• Assess Costs Everywhere initiative by the U.S. Department of Commerce
• CDF Tool on the KMU Portal by the Swiss Department of Commerce (SECO)

Teaching

• Moodle2 (new material)
• Documents HEC (old material)