Stephen Alan Ross ( English Stephen Alan Ross ; February 3, 1944 , Boston , Massachusetts , USA - March 3, 2017 , USA ) - American economist , professor of financial economics at the Franco Modigliani Department of the MIT Sloan School of Management , co-author of and .
| Stephen Alan Ross | |
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| Stephen alan ross | |
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| Scientific field | economy |
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| Awards and prizes | Guggenheim Fellowship [d] ( 2015 ) [d] ( 2006 ) Stirling Professor [d] [d] |
Content
Biography
He came from a family of Jewish immigrants from Russia : his grandfather on the part of his father emigrated to the United States from Courland in 1897, his grandmother in 1885, and his mother's ancestors in 1905 [3] . His father, Arthur Isidore Ross (1905–1992) was an engineer, his mother Bessi Greek (1910–2002) was a housewife.
He received a bachelor of science degree with honors in physics in 1965 from the California Institute of Technology . In 1970 he was awarded the degree of Ph.D. at Harvard University [4] .
In 1975-1977 he was a professor of economics and finance at the Wharton School of Business at the University of Pennsylvania . In 1977-1979 he became a professor of organization, management and economics at Yale University , in 1979-1983 he became a professor of economics and finance at the Edwin J. Baneke department, in 1984-1985 he was a professor of international trade and finance at the department named after Adrian E. Israel, 1985-1998, Sterling Professor of Economics and Finance, Yale University . In 1997–1998 he was a visiting professor at Fisher Black for finance at the MIT Sloan School of Management , and since 1998 a professor of financial economics at the Franco Modigliani Department at the MIT Sloan School of Management [4] .
Stephen Ross was a director from 1983–86, and in 1988 he was president of the , in 1986 he was a member of the social science advisory committee at the California Institute of Technology , in 1990 a member of the board of trustees of the Botner Research Institute and business . Since 1993, trustee and chairman of the investment committee of the California Institute of Technology , and in 1994 a consultant to the Japanese Association of Financial Economics. Ross is also a member of the American Academy of Arts and Sciences [4] .
Stephen died on March 3, 2017. He has a wife, Carol Ross, daughter Catherine and son Jonathan [5] .
Contribution to science
Stephen Ross is known as co-author of and [4] .
Awards
- 1976 - Guggenheim Fellowship ,
- 1978 - Pomeranz Award from the Chicago Stock Exchange for Options for outstanding research options,
- 1979 - member of the econometric society
- 1993 - Honorary Doctor of the ,
- 1995 - Honorary Doctor of the Karlsruhe Institute of Technology ,
- 1996 - financial engineer of the year according to the ,
- 2001 - Nicholas Molodovsky Prize from the ,
- 2002 - Honorary Doctor of the University of De Paul ,
- 2006 - Honorary Doctor of the University of Lugano ,
- 2006 - CME award - ,
- 2006 - for Best Performance,
- 2007 - Prize ,
- 2009 - Honorary Doctor of the University of Piraeus ,
- 2012 - a prize from the Alexander Onassis Foundation in the field of finance,
- 2012 - Thomson Reuters Citation Laureates ,
- 2013 - the first prize from the competition of Roger F. Murray,
- 2014 - Morgan Stanley Award
- 2015 - from the .
Bibliography
- Ross S., Westerfield R., Jordan B. The Basics of Corporate Finance - Moscow: Basic Knowledge Laboratory, 2001 - 720s. - ISBN 5-93208-036-1 (English Fundamentals of Corporate Finance, 7th ed., 2006)
- Ross S. A. Financial Theory / Ed. J. Itwell, M. Milgate, P. Newman // Finance - M.: Izd. House of the Higher School of Economics, 2008 - p.1-56 - ISBN 978-5-7598-0588-5 (eng. Finance, 1987)
- Ross SA: The Principal's Problem // American Economic Review 63, No. 2, May 1973 - pp.134-139
- Ross SA Return, Risk and Arbitrage // Wharton Discussion Paper, 1973.
- Ross SA On the Economic Aim of the Agency and the Principal of Similarity // Essays on Economic Behavior Under Uncertainty - Amsterdam: North-Holland Publishing Co., 1974 - pp. 215-240
- Ross SA Options and Efficiency // Quarterly Journal of Economics, 90, February 1976 —pp. 75-89
- Ross SA, Cox JC A Survey of Some Financial Results Pricing Theory // Journal of Finance 31, No. 1, May 1976 - pp. 383-402
- Ross SA, Cox JC The Valuation of Options for Alternatives Stochastic Processes // Journalof Financial Economics, 3, 1976 - pp. 145—166
- Ross SA: The Arbitrage Theory of Capital Asset Pricing // Journal of Economic Theory 13, No. 3, December 1976 -pp. 341-360
- Ross SA, Cox JC, Ingersoll JE, Jr. The Theory of Interest and Determination Claims // Journal of Financial and Quantitative Analysis, November 1977
- Ross SA Mutual Fund Segregation in Financial Theory - The Separating Distributions // Journal of Economic Theory 17, No. 2, April 1978-pp. 254–286
- Ross SA A Simple Approach to Risky Streams // Journal of Business 51, No. 3, July 1978 -pp. 453-475
- Ross SA, Cox JC, Rubinstein M. Option Pricing: A Simplified Approach // Journal of Financial Economics 7, 1979, - pp. 229-263
- Ross SA Some Stronger Measures for Risk and Large-Scale with Applications // Econometrica 49, No. 3, May 1981 - pp. 621–638.
- Ross SA, Cox JC, Ingersoll JE, Jr. A Reexamination of Traditional Hypotheses About the Term Structure of Interest Rates // Journal of Finance 36, No. 4, September 1981 -pp. 769-799
- Ross SA, Cox JC, Ingersoll JE, Jr. An Intertemporal General Equilibrium Model of Asset Prices // Econometrica 53, No. 2, March 1985 -pp. 363–384
- Ross SA, Cox JC, Ingersoll JE, Jr. A Theory of the Term Structure of Interest Rates // Econometrica 53, No. 2, March 1985 - pp.385-407
- Ross SA, Dybvig PH Arbitrage / EM Milgate, P. Newman, eds.// New Palgrave, A Dictionary of Economics - London: The MacMillan Press, Ltd. 1, 1987 pp.100-106
- Ross SA, Brown SJ, Goetzmann WN Survival // The Journal of Finance, Vol. 1, No. 3. July 1995.
- Ross SA, Dybvig PH, Ingersoll J., Long Forward and Zero-Coupon Rates Can Never Fall // The Journal of Business, January 1996
- Ross SA The Debt Market - Elgar Publishing, 2000.
- Ross SA Compensation, Incentives, and the Duality of Risk Aversion and Riskiness // Journal of Finance, Vol. 59, 1, 2004
- Ross SA Neoclassical Finance - Princeton, NJ: Princeton University Press, 2005.
- Ross SA, Westerfield RW, Jaffe JF Corporate Finance, 8th ed. - Irwin McGraw-Hill, 2006
- Ross SA, Westerfield RW, Jordan BD Essentials of Corporate Finance, 6th ed. - Irwin McGraw-Hill, 2006
- Ross SA The Recovery Theorem // Journal of Finance, 2015
Notes
- ↑ Freebase - Google data upload .
- ↑ 1 2 The Museum of Solomon Guggenheim - 1937.
- ↑ Colin Read "The Efficient Market Hypothesists: Bachelier, Samuelson, Fama, Ross, Tobin"
- ↑ 1 2 3 4 5 Curriculum Vitae Stephen A. Ross .
- Mem In memoriam: Stephen Ross, former Yale professor helped shape the field of financial economics // YaleNews. - 2017.