David Hirshleifer

Professor Hirshleifer is Distinguished Professor of Finance and Merage Chair in Business Growth, at the Merage School of Business at UC Irvine. He recently presented the Presidential Address to the American Finance Association on "Social Transmission Bias in Economics and Finance," and was inducted as a Fellow of the American Finance Association. He is an expert on various aspects of corporate finance, investments, and economics. His recent research emphasizes psychology in firms and markets, including such issues as how to measure stock market inefficiency, how mood and emotions affects stock prices, how effective are different trading strategies in exploiting stock market mispricing, how stock mispricing affects corporate financial and investment policy, how limited investor attention affects the use of financial information, how managerial decision biases affect corporate behavior, and how beliefs and behaviors are transmitted from one individual to another. He has published extensively in top finance and economics journals, and his research has been recognized with a number of awards, including the Smith-Breeden Award for outstanding paper in the Journal of Finance. His research findings have also been disseminated widely in U.S. and international newspapers, magazines, and broadcast media. He has served as Executive Editor of the Review of Financial Studies, as associate editor of the Journal of Finance, and as co-editor or associate editor of several other journals in finance, economics, and corporate strategy. He has taught MBA and PhD students and executives, has presented his research at numerous seminars and conferences for academics and financial managers, has served as a consultant to corporations and financial firms, and has served as a director for professional societies. He also composes classical music for piano and other instruments.