{"id":10158,"date":"2024-08-06T16:50:57","date_gmt":"2024-08-06T20:50:57","guid":{"rendered":"https:\/\/www.bu.edu\/questrom\/profiles\/lucy-white\/"},"modified":"2026-06-07T15:49:20","modified_gmt":"2026-06-07T19:49:20","slug":"lucy-white","status":"publish","type":"profiles","link":"https:\/\/www.bu.edu\/questrom\/profiles\/lucy-white\/","title":{"rendered":"Lucy White"},"content":{"rendered":"\n\n\n<div class=\"wp-block-group alignfull profile__standard-wrapper has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\n\n<div class=\"wp-block-columns profile__columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column profile__left-column is-layout-flow wp-container-core-column-is-layout-3bd72ab2 wp-block-column-is-layout-flow\"><figure class=\"profile__image wp-block-post-featured-image\"><img decoding=\"async\" alt=\"Lucy White\" style=\"object-fit:contain\" class=\"wp-post-image\" src=\"http:\/\/questromapps.bu.edu\/images\/facstaff\/WhiteLucy.jpg\" \/><\/figure>\n\n<aside class=\"profile__contact profile__contact--api wp-block-amp-profile-contact\" itemscope itemtype=\"http:\/\/schema.org\/Person\">\n  <h5>Contact<\/h5>\n  <div class=\"profile__contact-row\">\n          <div class=\"profile__contact-cell profile__contact-cell--phone\">\n        <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n        Phone\n      <\/h6>\n      <p class=\"has-p-2-font-size\" itemprop=\"telephone\">\n        617-358-0911      <\/p>\n    <\/div>\n              <div class=\"profile__contact-cell profile__contact-cell--email\">\n        <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n        Email\n      <\/h6>\n      <p class=\"has-p-2-font-size\">\n        <a href=\"mailto:lwhite81@bu.edu\" itemprop=\"email\">\n          lwhite81@bu.edu        <\/a>\n      <\/p>\n    <\/div>\n          <\/div>\n\n      <div class=\"profile__contact-buttons\">\n              <div class=\"wp-block-button is-style-primary-button\">\n          <a class=\"wp-block-button__link wp-element-button\" href=\"http:\/\/questromapps.bu.edu\/faculty\/uploadFiles\/cvUploadsProfile\/FE_White_Lucy_CV.pdf\">\n            Download CV\n          <\/a>\n        <\/div>\n                <\/div>\n  \n      <div class=\"profile__contact-row\">\n\n              <div class=\"profile__contact-cell profile__contact-cell--office\">\n          <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n          Office\n        <\/h6>\n        <p class=\"has-p-2-font-size\" itemprop=\"workLocation\">\n          524        <\/p>\n      <\/div>\n                    <div class=\"profile__contact-cell profile__contact-cell--bu\">\n          <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px\">\n            Boston University <br \/>\n            Questrom School of Business\n          <\/h6>\n                        <p class=\"has-p-2-font-size\" itemprop=\"address\">\n                Rafik B. Hariri Building <br \/>\n                595 Commonwealth Avenue <br \/>\n                Boston, MA 02215\n              <\/p>\n                  <\/div>\n          <\/div>\n  <\/aside><\/div>\n\n\n\n<div class=\"wp-block-column profile__right-column is-layout-flow wp-container-core-column-is-layout-3bd72ab2 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group profile__header-container has-global-padding is-layout-constrained wp-container-core-group-is-layout-7db9d80f wp-block-group-is-layout-constrained\" style=\"padding-right:0;padding-left:0\">\n<div class=\"wp-block-group profile__header-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><h2 class=\"wp-block-post-title\">Lucy White<\/h2>\n<div class=\"alignfull wp-block-amp-profile-position\">\n\t\t\t<p class=\"has-text-align-left has-text-transform-uppercase has-p-2-font-size\" style=\"text-transform: uppercase; font-weight: 600\">\n\t\t\tAssociate Professor, Finance\t\t<\/p>\n\t<\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n\n<div class=\"wp-block-amp-profile-data profile-data\">\n\n<div class=\"wp-block-group profile__data-section has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-block-amp-profile-education\">\n\t<h5 class=\"wp-block-heading\" style=\"font-weight: 500\">\n\tEducation\t<\/h5>\n\n\t<div class=\"wp-block-group profile__data-row has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\t\t<p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">PhD, Universit\u00e9 de Toulouse, 2001<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">PhD, Oxford University, Nuffield College, 1999<\/p>\t\t<\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n<div class=\"wp-block-group profile__data-section has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-block-amp-profile-publications\">\n\t<h5 class=\"wp-block-heading\" style=\"font-weight: 500\">\n\tPublications\t<\/h5>\n\n\t<div class=\"wp-block-group profile__data-row has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\t<p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">White, L., Buffa, A., Liu, Q. (In Press). &#8220;Privacy and Team Incentives&#8221;, <i>Journal of Finance<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">White, L., Walther, A. (2020). &#8220;Rules versus Discretion in Bank Resolution&#8221;, <i>Review of Financial Studies<\/i>, <i>33<\/i> (12),  5594-5629<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Mailath, G., Nocke, V., White, L. (2017). &#8220;When and how the punishment must fit the crime&#8221;, <i>International Economic Review<\/i>, <i>58<\/i> (2),  315-330<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Guembel, A., White, L. (2014). &#8220;Good cop, bad cop: Complementarities between debt and equity in disciplining management&#8221;, <i>Journal of Financial Intermediation<\/i>, <i>23<\/i> (4),  541-569<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Morrison, A., White, L. (2013). &#8220;Reputational contagion and optimal regulatory forbearance&#8221;, <i>Journal of Financial Economics<\/i>, <i>110<\/i> (3),  642-658<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Morrison, A., White, L. (2011). &#8220;Deposit insurance and subsidized recapitalizations&#8221;, <i>Journal of Banking &amp; Finance<\/i>, <i>35<\/i> (12),  3400-3416<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Eso, P., Nocke, V., White, L. (2010). &#8220;Competition for scarce resources&#8221;, <i>The RAND Journal of Economics<\/i>, <i>41<\/i> (3),  524-548<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Nocke, V., White, L. (2010). &#8220;Vertical merger, collusion, and disruptive buyers&#8221;, <i>International Journal of Industrial Organization<\/i>, <i>28<\/i> (4),  350-354<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">White, L., Williams, M. (2009). &#8220;Bargaining with imperfect enforcement&#8221;, <i>The RAND Journal of Economics<\/i>, <i>40<\/i> (2),  317-339<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">MORRISON, A., WHITE, L. (2009). &#8220;Level Playing Fields in International Financial Regulation&#8221;, <i>The Journal of Finance<\/i>, <i>64<\/i> (3),  1099-1142<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">White, L. (2008). &#8220;Prudence in bargaining: The effect of uncertainty on bargaining outcomes&#8221;, <i>Games and Economic Behavior<\/i>, <i>62<\/i> (1),  211-231<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Nocke, V., White, L. (2007). &#8220;Do Vertical Mergers Facilitate Upstream Collusion?&#8221;, <i>American Economic Review<\/i>, <i>97<\/i> (4),  1321-1339<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">White, L. (2007). &#8220;<scp>Foreclosure with Incomplete Information<\/scp>&#8220;, <i>Journal of Economics &amp; Management Strategy<\/i>, <i>16<\/i> (2),  507-535<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Morrison, A., White, L. (2005). &#8220;Crises and Capital Requirements in Banking&#8221;, <i>American Economic Review<\/i>, <i>95<\/i> (5),  1548-1572<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Eso, P., White, L. (2004). &#8220;Precautionary Bidding in Auctions&#8221;, <i>Econometrica<\/i>, <i>72<\/i> (1),  77-92<\/p>\t\t<\/p>\n\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"bu_is_from_api":true,"buID":"U49826029","lastName":"White","firstName":"Lucy","middleName":"","suffixName":"","phone":"617-358-0911","email":"lwhite81@bu.edu","pronouns":"","cv":"http:\/\/questromapps.bu.edu\/faculty\/uploadFiles\/cvUploadsProfile\/FE_White_Lucy_CV.pdf","website":"","office":"524","address":"595 Commonwealth Ave","bio":"","bu_profile_image_url":"http:\/\/questromapps.bu.edu\/images\/facstaff\/WhiteLucy.jpg","position":["Associate Professor, Finance"],"education":["PhD, Universit\u00e9 de Toulouse, 2001","PhD, Oxford University, Nuffield College, 1999"],"publications":["White, L., Buffa, A., Liu, Q. 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(2010). \"Competition for scarce resources\", <i>The RAND Journal of Economics<\/i>, <i>41<\/i> (3),  524-548","Nocke, V., White, L. (2010). \"Vertical merger, collusion, and disruptive buyers\", <i>International Journal of Industrial Organization<\/i>, <i>28<\/i> (4),  350-354","White, L., Williams, M. (2009). \"Bargaining with imperfect enforcement\", <i>The RAND Journal of Economics<\/i>, <i>40<\/i> (2),  317-339","MORRISON, A., WHITE, L. (2009). \"Level Playing Fields in International Financial Regulation\", <i>The Journal of Finance<\/i>, <i>64<\/i> (3),  1099-1142","White, L. (2008). \"Prudence in bargaining: The effect of uncertainty on bargaining outcomes\", <i>Games and Economic Behavior<\/i>, <i>62<\/i> (1),  211-231","Nocke, V., White, L. (2007). \"Do Vertical Mergers Facilitate Upstream Collusion?\", <i>American Economic Review<\/i>, <i>97<\/i> (4),  1321-1339","White, L. (2007). \"<scp>Foreclosure with Incomplete Information<\/scp>\", <i>Journal of Economics &amp; Management Strategy<\/i>, <i>16<\/i> (2),  507-535","Morrison, A., White, L. (2005). \"Crises and Capital Requirements in Banking\", <i>American Economic Review<\/i>, <i>95<\/i> (5),  1548-1572","Eso, P., White, L. 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