Mark M. Westerfield: Mwesterf@uw - Edu

Mark M.
Westerfield
Curriculum Vitae (February 2, 2020)
mwesterf@uw.edu Foster School of Business

http://www.markwesterfield.com University of Washington
Box 353226
Seattle, WA 98195-3226
ACADEMIC EMPLOYMENT
Associate Professor, University of Washington: 2017 – Present
Michael G. Foster Fellow: 2018 – Present
Assistant Professor, University of Washington: 2012 – 2017
Assistant Professor, University of Southern California: 2004 – 2012
EDUCATION
Massachusetts Institute of Technology, PhD (Economics), 2004
University of Chicago, BA (Economics) with Honors, 1999
Also Completed: BS (Mathematics) and BA (Physics)
Doctoral Thesis: “Three Essays on Financial Markets”

Advisors: Daron Acemoglu, Leonid Kogan, Stephen A. Ross, and Jiang Wang
FELLOWSHIPS, GRANTS, AND HONORS

Michael G. Foster Fellowship (2018 – )
William A. and Helen I. Fowler Endowment for Special Achievement in Finance (2015)
Core Professor of the Year (2014), from the Evening MBA Program
Distinguished Referee Award (2014), from The Review of Financial Studies
Netspar Research Grant (2012), RG2012.04, for “Commitment Risk in Private Partnerships”
Roger F. Murray Prize (2011), Second Place, for “Portfolio Choice with Illiquid Assets”.
Awarded by the Q-group based on a presentation by Andrew Ang.
CRA International Prize (2007), Best Corporate Finance Paper for “Disagreement and
Learning in a Dynamic Contracting Model”. Awarded by the Western Finance
Association
Smith-Breeden Prize (2006), First Place, for “The Price Impact and Survival of Irrational
Traders”. Awarded by the American Finance Association and the Journal of Finance
1
Curriculum Vitae for Mark M. Westerfield, Updated 2/2/2020
FAME Research Prize (2004), now called the Swiss Finance Institute Prize, for “The Price
Impact and Survival of Irrational Traders”. Awarded by the Swiss Finance Institute
MIT Economics Department Fellowship (1999-2004)
Sigma Xi (1999)
Phi Beta Kappa (1999)
PUBLISHED AND FORTHCOMING PAPERS
The Price Impact and Survival of Irrational Traders, with Leonid Kogan, Stephen Ross, and
Jiang Wang. Journal of Finance, 2006, 61(1): 195-229.
• Winner of the FAME Research Prize for 2004.Winner of the Smith-Breeden Prize
(First Place) for 2006.
High Water Marks: High Risk Appetites? Convex Compensation, Long Horizons, and
Portfolio Choice, with Stavros Panageas. Journal of Finance, 2009, 64(1): 1-36.
• Lead Article.
Disagreement and Learning in a Dynamic Contracting Model, with Tobias Adrian. Review
of Financial Studies, 2009, 22(10): 3839-3871.
• Winner of the CRA International Prize for 2007 (Awarded Best Corporate Finance
Paper by the Western Finance Association).
Portfolio Choice with Illiquid Assets, with Andrew Ang and Dimitris Papanikolaou.
Management Science, 2011, 60(11): 2737-2761.
• Winner of the Roger F. Murray Prize (Second Place) for 2011.
Resource Accumulation Through Economic Ties: Evidence from Venture Capital, with Yael
Hochberg and Laura Lindsey. Journal of Financial Economics, 2015, 118(2): 245-267.
• Featured in the Harvard Law School Forum on Corporate Governance and
Financial Regulation
Looking for Someone to Blame: Delegation, Cognitive Dissonance, and the Disposition
Effect, with Tom Chang and David Solomon. Journal of Finance, 2016, 71(1): 267-302.
• Media: Financial Times, CNN Money, Psychology Today, Motley Fool, Value
Walk.
Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring, with Tomasz
Piskorski. Journal of Economic Theory, 2016, 166: 242-281.
2
Market Selection, with Leonid Kogan, Stephen Ross, and Jiang Wang. Journal of
Economic Theory, 2017, 168: 209-236.
Dynamic Resource Allocation with Hidden Volatility, with Felix Zhiyu Feng. Journal of
Financial Economics, forthcoming.
WORKING PAPERS AND WORK IN PROGRESS
Commitment Risk in Private Partnerships, with Ludovic Phalippou and Elise Gourier.
Awarded Netspar Research Grant RG2012.04.
Quantity versus Quality in Project Choice
INVITED PRESENTATIONS AND DISCUSSIONS

(co-author presentations not included)
2020: AEA/AFA Meetings.

2019: City University of Hong Kong, University of Minnesota, Washington University
Corporate Finance Conference.
2018: UT Dallas.
2017: Tsinghua University, Cheung Kong GSB.
2016: Boston University, University of British Columbia.
2014: AEA/AFA Meetings, Ohio State University, Western Finance Association,
University of Minnesota, Pacific Northwest Finance Conference.
2013: Georgia State Conference on Institutional Investors, Oregon Finance Conference,
UW-Madison.
2012: UT Dallas, Texas A&M, UCLA-USC-UCI Finance Day, Coller Institute Private
Equity Symposium, Western Finance Association, Pacific Northwest Finance
Conference.
2011: AEA/AFA Meetings, UCLA-USC-UCI Finance Day, Western Finance Association,
Entrepreneurial Finance and Innovation Conference, University of Florida, UNC
Chapel Hill, Washington University in St. Louis, University of British Columbia, UC
San Diego, University of Washington, UC Los Angeles, Boston University, UC
Irvine, Oxford University, London Business School.
2010: AEA/AFA Meetings, Columbia University, California Corporate Finance
Conference.
3
2009: AEA/AFA Meetings, UC Berkeley, UCLA-USC Finance Day, Caesarea Center

Conference, Econometric Society US Summer Meetings, Society for Economic
Dynamics, Arizona State University, University of Rochester, UT Austin.
2008: UCLA-USC-UCI Finance Day.
2007: Princeton University, Northwestern University, Western Finance Association,
Summer Real Estate Symposium, Society for Economic Dynamics, Econometric
Society European Summer Meetings, Duke University, UC Los Angeles.
2006: AEA/AFA Meetings, Frontiers of Finance, Federal Reserve Bank of New York,
Western Finance Association.
2004: Columbia University, University of Indiana, Federal Reserve Bank of New York,
University of British Columbia, University of Southern California.

Mark M. Westerfield: Mwesterf@uw - Edu

Uploaded by

Copyright:

Available Formats

Mark M. Westerfield: Mwesterf@uw - Edu

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Mark M. Westerfield: Mwesterf@uw - Edu

Uploaded by

Copyright:

Available Formats

Mark M.

mwesterf@uw.edu Foster School of Business

Doctoral Thesis: “Three Essays on Financial Markets”

FELLOWSHIPS, GRANTS, AND HONORS

PUBLISHED AND FORTHCOMING PAPERS

WORKING PAPERS AND WORK IN PROGRESS

Quantity versus Quality in Project Choice

INVITED PRESENTATIONS AND DISCUSSIONS

2020: AEA/AFA Meetings.

2009: AEA/AFA Meetings, UC Berkeley, UCLA-USC Finance Day, Caesarea Center

You might also like