Menu

Radhika Lunawat

Radhika Lunawat

Assistant Professor
Accounting

SB2 407

rlunawat@uci.edu  

Education

PhD in Accounting, University of Minnesota (2009)
Chartered Accountant, Institute of Chartered Accountants of India (2003)
Certificate in Computer Science, Indian Institute of Technology, Delhi, India (2000)
Bachelor of Commerce, Calcutta University, India (1999)

Professor Radhika Lunawat’s research focus is on financial reporting and disclosure, and its effects on investment decisions and price formation. More specifically, she looks at the role information, particularly accounting information, plays in investment efficiency at the individual decision-making level and price efficiency and other trade characteristics at the aggregate level. There are several channels through which financial reporting and disclosure affect investment efficiency. The channel she primarily focuses on is trust and reputation-building. Similarly, there are several channels through which financial reporting and disclosure affect price efficiency and other trade characteristics such as trading volume and liquidity. The channels she focuses on are ambiguity in asset values and higher-order beliefs in financial markets. Methodologically, her research is part of a growing body of work in information economics that is driven by theory or theory-based experimentation but focused on accounting.

Professor Lunawat earned her PhD from the University of Minnesota in 2009 and joined UCI in 2013 after having taught at Chapman University, University of St Thomas and Carnegie Mellon University. She has published her research in top Accounting journals and top field journals in Economics. At UCI, she teaches Managerial Accounting (undergrad and grad), Ethics (MPAC) and Accounting Theory (PhD). She received the National Science Foundation Doctoral Dissertation Research Improvement Grant and the University of Minnesota Graduate School Fellowship for her doctoral dissertation. She was the US representative to the European Accounting Association Doctoral Colloquium and has been the recipient of a teaching award.

Selected Publications, News & Honors

Publications

  • Financial Reporting and Moral Sentiments, with Timothy Shields, and Gregory Waymire, 2021 Journal of Accounting and Economicsforthcoming.
  • Learning from Trading Activity in Laboratory Security Markets with Higher-Order Uncertainty, Journal of Behavioral and Experimental Economics, 90 (2021): 101611.
  • Do Verified Earnings Reports Increase Investment? with Gregory Waymire, and Baohua Xin (2020), Contemporary Accounting Researchforthcoming.
  • Public Information and Market Skepticism of Voluntary Disclosure, with Zining Li, in Paths for Sustainable Development: Festschrift for Shubhashis Gangopadhyay, Robert Lensink, Stefan Sjogren and Clas Wihlborg, Eds. Publishers: L,S&W, Gothenburg, Sweden (2017).
  • Reputation Effects of Information Sharing, Journal of Economic Behavior and Organization 131 (2016) 75 – 91.
  • The Impact of Financial Histories on Individuals and Societies: A Replication and Extension of Berg et. al., with Brian Shapiro, and Xu Jiang, Research in Experimental Economics – Volume on Replication (2015) 95 – 135.
  • An Experimental Investigation of Reputation Effects of Disclosure in an Investment / Trust Game, Journal of Economic Behavior and Organization 94 (2013): 130-144.
  • The Role of Information in Building Reputation in an Investment / Trust Game, European Accounting Review 22.3 (2013): 513-532.
  • Decision Making and Trade without Probabilities, with John Dickhaut, Kira Pronin, and Jack Stecher, Economic Theory 48 (2-3):275-288 (2011).

Awards and Honors

  • Outstanding Ph.D. Student Teaching Award, Carlson School of Management, University of Minnesota, 2009
  • University of Minnesota Graduate School Fellowship, 2008 (University-wide competition)
  • National Science Foundation Doctoral Dissertation Research Improvement Grant, 2008
  • U.S. Representative to the European Accounting Association Doctoral Colloquium, 2008