David Hirshleifer is Professor of Finance and Merage Chair in Business Growth at The Paul Merage School of Business, UC Irvine. He previously served as the Kurtz Chair in Finance at Ohio State University’s Fisher College of Business, the Waterman Professor of Finance at the University of Michigan Business School, and as a tenured faculty member at the UCLA Anderson School of Management.
His research areas include investments, corporate finance, behavioral finance, and the theory of social influence. Some of his recent research has been on psychology in firms and markets, social transmission of investment ideas and behavior, and the effect of emotions on asset prices. He has also studied risk management, determinants of futures prices, social interactions and markets, fads and fashions in economic decisions, and how psychological bias affects political and regulatory decisions.
Hirshleifer is co-author of Price Theory and Applications: Decisions, Markets, and Information, now in its seventh edition. He has published more than 50 academic articles, several of which have won research awards, including the Smith Breeden Award for outstanding paper in the Journal of Finance.
Since July 2011 he has served as Executive Editor of a leading academic finance journal, the Review of Financial Studies. He has also served as editor of the Review of Financial Studies, as associate editor of several other finance, economics, and strategy journals, and as director of the American Finance Association and the Western Finance Association. Hirshleifer has presented papers and keynote addresses at many national and international forums, and his research has been profiled in leading U.S. and international media outlets.