Karl Borch Lecture 2006

Karl Borch Lecture 2006

The Karl Borch Lecture is an annual lecture held by world-class scholars on a current research topic.

The Karl Borch Lecture Series was established in 2002 by the Department, in honor of Borch.
The lecture is on a current research topic and given by distinguished scholars, whose research capture the pioneering spirit of Karl Borch, but not necessarily his fields of research in a narrow sense.

The Karl Borch Lecture is sponsored by the Institute for Research in Economics and Business Administration (SNF).

Karl Borch Lecture 2006

The 5th Karl Borch Lecture was given by Professor Stephen A. Ross, Massachusetts Institute of Technology, on the topic

A Neoclassical Look at Behavioral Finance: A Tale of Two Anomalies

The lecture was held at NHH on Friday May 12 2006 (12.15-13.45 in Aud. C).

Please see the press release (in Norwegian) for further details.

Professor Ross also gave an additional lecture, in the Department's Seminar Series, on Thursday May 11 2006, entitled Topics in Finance.

 

Karl Borch Lectures 2002-2016
Thursday 06.10.2016, 12.15-13.45, Karl Borch's Aud.

Andrew W. Lo, Massachusetts Institute of Technology

Can Financial Engineering Cure Cancer?

Thursday 03.09.2015, 12.15-13.45, Agnar Sandmo's Aud.

Lasse Heje Pedersen, Copenhagen Business School

Efficiently Inefficient

Friday 24.05.2013, 12.15-13.45, Karl Borch's Aud.

David M. Kreps, Stanford University

Motivation versus Incentives

Thursday 31.05.2012, 12.15-13.45, Karl Borch's Aud.

Eduardo Schwartz, University of California, Los Angeles

The Real Options Approach to Valuation: Challenges and Opportunities

Tuesday 23.08.2011, 13.10-14.20, Dag Coward's Aud.

John Y. Campbell, Harvard University

Investing and Spending: The Twin Challenges of Endowment Management

Friday 07.05.2010, 12.15-13.45, Karl Borch's Aud.

Christian Gollier, Toulouse 1 Capitole University

The economics of long term discounting

Monday 08.06.2009, 12.15-13.45, Karl Borch's Aud.

Jacques Drèze, Université catholique de Louvain

When Borch's Theorem does not apply: Some key implications of market incompleteness, with policy relevance today

Friday 05.09.2008, 12.15-13.45, Karl Borch's Aud.

Mark Rubinstein, University of California, Berkeley

Great Moments in Financial Economics: The Hidden History

Friday 08.06.2007, 12.15-13.45, Aud. E

Hayne Leland, University of California, Berkeley

The Optimal Financial Scope of the Firm

Friday 12.05.2006, 12.15-13.45, Aud. C

Stephen A. Ross, Massachusetts Institute of Technology

A Neoclassical Look at Behavioral Finance: A Tale of Two Anomalies

Friday 23.09.2005, 12.15-13.45, Karl Borch's Aud.

Michael Brennan, University of California, Los Angeles

Changing attitudes towards risk

Friday 29.10.2004, 12.15-13.45, Finn E. Kydland's Aud.

Robert Wilson, Stanford University

Risk Management in Liberalized Electricity Markets

Thursday 15.05.2003, 12.15-13.45, Aud. E

Oliver Hart, Harvard University

Firms versus Contracts

Friday 03.05.2002, 13.15-14.45, Aud. E

Bengt Holmström, Massachusetts Institute of Technology

Liquidity and Insurance

Karl H. Borch

Karl H. Borch was a professor at NHH between 1963 and 1986, and is considered one of the founders of economics of uncertainty, counting 150 scientific articles in journals and conference proceedings, and three books.

Stephen A. Ross

Stephen A. Ross is the Franco Modigliani Professor of Financial Economics and a Professor of Finance at the MIT Sloan School of Management.

Ross is the author of more than 100 articles in economics and finance and is the coauthor of an introductory textbook in finance. He is probably best known for having invented the Arbitrage Pricing Theory and the Theory of Agency, and as the co-discoverer of risk-neutral pricing and of the binomial model for pricing derivatives.

Models developed by Ross and his co-workers, including term structure models and option pricing models, are now standards for pricing in major securities trading firms.

He has been the recipient of numerous prizes and awards, including the Graham and Dodd Award for financial writing, the Pomerance Prize for excellence in the area of options research, the University of Chicago’s Leo Melamed Prize for the best research by a business school professor, and the 1996 IAFE Financial Engineer of the Year Award.

In 2006, he was the first recipient of the CME-MSRI Prize in Innovative Quantitative Application, and in 2007 he won the Jean-Jacques Laffont Prize given by the Toulouse School of Economics.

A Fellow of the Econometric Society and a member of the American Academy of Arts and Sciences, he currently serves as an associate editor of several economics and finance journals. In 1988 he was president of the American Finance Association.