He has a Ph.D. in Management from the University of California Los Angeles. Recently, he has been developing the basic elements of a comprehensive theory of the micro-foundations of firm resource allocation, with a particular focus on capital investment. In his papers, he explores how managing the capital allocation process can become a key dynamic capability for firms. Furthermore, he investigates how simple heuristics and biases influence investment decisions as well as the measures that can be taken to moderate those biases. In essence, his work aims at further developing a theory of firm dynamic capabilities that is grounded on managerial cognition and its interaction with organizational structure.