Pietro Ramella
Miami Herbert Business School · University of Miami
I am an Assistant Professor of Accounting at the University of Miami. My research focuses on capital markets and strategic communication. My work builds on insights from information economics and combines theoretical and empirical methods.
My job market paper studies when algorithms are employed by both investors and managers. I find that "better" algorithms can ultimately impair disclosure quality.
Better AI, Worse Disclosures? The Unintended Consequences of NLP on Financial Reporting
This paper studies how the growing use of algorithms to read and produce corporate disclosure can ultimately degrade disclosure quality. I develop a model in which a manager chooses how to disclose information to investors who use natural language processing to interpret reports. When both sides adopt increasingly sophisticated language tools, an arms race emerges that can reduce the informativeness of corporate communication.