Psychological Influences on Financial Regulation and Policy

David Hirshleifer joined the Merage School after serving as Kurtz Chair at Ohio State University, Waterman Professor at the University of Michigan, and as a tenured faculty member at UCLA. His recent research explores psychology and securities markets, managerial decision biases, social interactions and markets, and how firms exploit market inefficiency. Other research areas include corporate finance, fads and fashions in economic decisions, and the psychology of regulation. His research has been profiled in international news media, and has won several awards, including the Smith-Breeden Award for outstanding paper in the Journal of Finance. Professor Hirshleifer has served as a consultant for securities and money management firms; as editor of the Review of Financial Studies; as associate editor of the Journal of Finance; in editorial positions at several other finance, economics, and strategy journals; and as director of the American Finance Association and the Western Finance Association.