Mark M. Westerfield Assistant Professor Finance and Business Economics Email mwesterf@uw.edu Office Paccar Hall 436 (206)543-4578 Mailing Address Foster School of Business University of Washington Box 353226 Seattle, WA 98195-3226 University Web Page SSRN Web Page RePEc Web Page
Curriculum Vitae (PDF)

Published and Forthcoming Papers The Price Impact and Survival of Irrational Traders with Leonid Kogan, Stephen Ross, and Jiang Wang Journal of Finance 61(1), February 2006: 195-229 Winner of the Financial Asset Management and Engineering (FAME) Research Prize for 2004 Winner of the Smith-Breeden Prize for 2006 (First Place) High Water Marks: High Risk Appetites? Convex Compensation, Long Horizons, and Portfolio Choice with Stavros Panageas Journal of Finance 64(1), February 2009: 1-36 Lead Article Disagreement and Learning in a Dynamic Contracting Model with Tobias Adrian Review of Financial Studies 22(10), October 2009: 3839-3871 Winner of the CRA International Prize for 2007 (Awarded by the Western Finance Association) Working Papers Market Selection with Leonid Kogan, Stephen Ross, and Jiang Wang August 2011, Under Review Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring with Tomasz Piskorski April 2012, Under Review Portfolio Choice with Illiquid Assets with Andrew Ang and Dimitris Papanikolaou February 2013, Under Review Winner of the Roger F. Murray Prize (Second Place) for 2011 Partner Selection in Co-Investment Networks: Evidence from Venture Capital with Yael Hochberg and Laura Lindsey An early version was titled "Economic Ties: Evidence from Venture Capital Networks" January 2012, Under Review Looking for Someone to Blame: Delegation, Cognitive Dissonance, and the Disposition Effect with David H. Solomon and Tom Chang April 2013, Under Review Work in Progress The Size and Specialization of Direct Investment Portfolios with Yael Hochberg Specialization and Project Choice with Yael Hochberg On Biases in Tests for Partner Similarity with Yael Hochberg and Laura Lindsey Commitment Risk in Private Partnerships with Ludovic Phalippou Awarded Netspar Research Grant RG2012.04 Teaching FIN 460, Investments. FIN 502, Business Finance. Updated April 23, 2013