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2018 UWFC Paper 7 Discussion


Foster School of Business
Professor of Finance and Business Economics


  • PhD Columbia University (2006)
  • MPhil Columbia University (2002)
  • BSc University of Bayreuth (1995)

Academic Expertise

  • asset pricing
  • behavioral finance
  • business valuation
  • household finance
  • international finance

  • investing

  • private equity


  • Consulting
  • Financial Services
  • Manufacturing
  • Private Equity

Current Research

  • The Cultural Origin of Preferences: CEO Cultural Heritage and Corporate Acquisitions (2016)
  • Stock Market Valuations across U.S. States (2014)
  • The Systematic Risk of Idiosyncratic Volatility (2014)

Positions Held

  • At the University of Washington since 2005
  • Arizona State University, 2011-2012
  • GCI Management, Munich, Germany, 1996-1999

Honors and Awards

  • CICF Best Paper Award, Xiamen, 2016
  • Andrew V. Smith Award for Excellence in Research, Foster School of Business, University of Washington, June 2015
  • Dean''s Leadership Award, Foster School of Business, University of Washington, June 2015
  • PhD Program Mentoring Award, Foster School of Business, University of Washington, May 2015
  • MBA Elective Professor of the Quarter, Spring 2009, 2013
  • Undergraduate Faculty of the Year for Finance and Business Economics, 2012-2013
  • American Real Estate Society, ARES Manuscript prize Winner, 2012
  • Faculty Research Award, Elliott Initiative, University of Michigan-Dearborn, 2011
  • Best Paper Award, Rothschild Caesarea Center 7th Annual Academic Conference, Tel Aviv, 2010
  • Yihong Xia Best Paper Award, CICF, Beijing, 2010
  • Best Paper in Investments, FMA, New York, 2010
  • Doctoral fellowship, Columbia University, Graduate School of Business, 1999-2004
  • Award for outstanding academic achievement, University of Bayreuth, 1995
  • Merit-based scholarship from the Friedrich-Naumann Foundation, Germany, 1993-1995
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