Canadian economist
Hersh Shefrin (born in Winnipeg , Manitoba ) is a Canadian economist best known for his pioneering work in behavioral finance .
Shefrin received his B.S. from University of Manitoba in 1970. At the University of Waterloo in 1971 he received his M.S. in mathematics . He then obtained a Ph.D. in economics from the London School of Economics in 1974, after which he became assistant professor at the University of Rochester . In 1979 he was appointed professor at the Santa Clara University , first in the department of economics and then in 1990 to the department of finance .
Shefrin holds an honorary doctorate from the University of Oulu , Finland .
Shefrin's research articles have been published in many economics and finance journals, in particular: the Journal of Finance , the Journal of Financial Economics , the Review of Financial Studies , the Journal of Financial and Quantitative Analysis , Financial Management , the Financial Analysts Journal , and the Journal of Portfolio Management . Shefrin has written a number of influential books on behavioral finance and its applications to corporate finance and corporate culture.
Shefrin and his wife, Arna, were married in 1970.
Books
Behavioral Corporate Finance , 2006. McGraw-Hill/Irwin
A Behavioral Approach to Asset Pricing Theory , 2005. Elsevier; 2nd edition in 2008.
Ending the Management Illusion , 2008. McGraw-Hill
Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing , Boston, MA: Harvard Business School Press, 1999. Revised version published 2002, New York: Oxford University Press
Selected articles
"An Economic Theory of Self-Control" , with R. Thaler , Journal of Political Economy , 1981.
"The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence" , with M. Statman , Journal of Finance , Vol. XL, No. 3, 1985.
"Behavioral Capital Asset Pricing Theory" , with M. Statman, Journal of Financial and Quantitative Analysis , September, 1994.
"The Contributions of Daniel Kahneman and Amos Tversky" , with Meir Statman. Journal of Behavioral Finance , 2003.
See also
External links
International National Academics People Other