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
The Psychology of Tail Events: Progress and Challenges
N. Barberis
American Economic Review Papers and Proceedings, issue 103
2013
Thirty Years of Prospect Theory in Economics: A Review and Assessment
N. C. Barberis
Journal of Economic Perspectives, issue 27, pp. 173-196
2013
Psychology and the Financial Crisis of 2007/2008
N. Barberis
Financial Innovation: Too Much or Too Little? , issue Michael Haliassos ed.
2013
Realization utility
N. Barberis and W. Xiong
Journal of Financial Economics, issue 2, vol. 104, pp. 251-271
2012
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
Working Papers
X-CAPM: An Extrapolation-based Model of the Aggregate Stock Market
N. Barberis, R. Greenwood, L. Jin, and A. Shleifer
First Impressions: System 1 Thinking and the Cross-section of Stock Returns
N. Barberis, A. Mukherjee & B. Wang
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