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Eugene F. Fama shared Nobel Prize for Economics with Lars Peter Hansen and Robert Shiller

Oct 16, 2013 16:05 IST

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013 was awarded jointly to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller for their empirical analysis of asset prices.

About Eugene Fama
• Eugene F. Fama is widely recognized as the father of modern finance.
• Eugene F. Fama's financial research is well known in both the economics and investment community.
• He is strongly identified with research on markets, particularly with regard to the efficient market hypothesis.
• He has brought an empirical and scientific rigor to the field of investment management, transforming the way finance is viewed and conducted.
• He is a prolific author and researcher, having written two books and published more than 100 articles in academic journals.
• He focuses much of his study on the relation between risk and return and implications for portfolio management.
• He has received numerous awards and honors.
• He was the 2007 recipient of the Fred Arditti Innovation Award given by the CME Center for Innovation.
• He was the first recipient of three major prizes for research in Finance
a) The Deutsche Bank Prize in Financial Economics, 2005
b) The Morgan Stanley American Finance Association Award for Excellence in Finance, 2007.
c) The Onassis Prize in Finance, 2009.

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