
Nicholas C. Barberis
Stephen and Camille Schramm Professor of Finance
Professor Barberis’ research focuses on behavioral finance—in particular, on applications of cognitive psychology to understanding investor trading behavior and the pricing of financial assets. He has published extensively in the top economics and finance journals, gives frequent presentations about his work to both academic and non-academic audiences, and has won numerous awards for both research and teaching. Prior to coming to Yale, Professor Barberis taught at the Booth School of Business at the University of Chicago.
Education
- PhD, Harvard, 1996
- BA, Cambridge University, 1991
Articles
Thirty Years of Prospect Theory in Economics: A Review and Assessment
N. C. Barberis
Journal of Economic Perspectives
2013
Articles
Psychology and the Financial Crisis of 2007/2008
N. Barberis
Financial Innovation: Too Much or Too Little?
2013
Articles
The Psychology of Tail Events: Progress and Challenges
N. Barberis
American Economic Review Papers and Proceedings
2013
Articles
Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility
C. Frydman, N. Barberis, C. Camerer, P. Bossaerts and A. Rangel
Journal of Finance
2012
Articles
Working Papers
Prospect Theory and Stock Returns: An Empirical Test
Nicholas Barberis, Abhiroop Mukherjee, Baolian Wang
2014
Working Papers
Using Neural Data to Test A Theory of Investor Behavior: An Application to Realization Utility
C. Frydman, N. Barberis, C. Camerer, P. Bossaerts, and A. Rangel
Journal of Finance
Working Papers
X-CAPM: An Extrapolation-based Model of the Aggregate Stock Market
N. Barberis, R. Greenwood, L. Jin, and A. Shleifer
Working Papers
First Impressions: System 1 Thinking and the Cross-section of Stock Returns
N. Barberis, A. Mukherjee & B. Wang
Working Papers
Achievements
- Yale SOM Alumni Association Teaching Award, Yale School of Management Alumni Association, 2006, 2009, 2013
- Emory Williams Award for Excellence in Teaching, 1998, 2000, 2002
- Paul A. Samuelson Prize for Outstanding Scholarly Writing on Lifelong Financial Security, TIAA-CREF, 2000
- FAME Research Prize, Swiss Finance Institute, 2000