Eugene Fama

Eugene Fama
Fama in Stockholm, December 2013
Born (1939-02-14) February 14, 1939 (age 85)
NationalityAmerican
EducationTufts University
University of Chicago
Academic career
FieldFinancial economics, Organizational economics, Macroeconomics
InstitutionUniversity of Chicago
School or
tradition
Chicago School of Economics
Doctoral
advisor
Merton Miller
Harry V. Roberts
Doctoral
students
Cliff Asness, Myron Scholes, Mark Carhart
ContributionsFama–French three-factor model
Efficient-market hypothesis
Awards2005 Deutsche Bank Prize in Financial Economics
2008 Morgan Stanley-American Finance Association Award
Nobel Memorial Prize in Economics (2013)
Information at IDEAS / RePEc
Academic background
ThesisThe Distribution of the Daily Differences of the Logarithms of Stock Prices (1964)

Eugene Francis "Gene" Fama (/ˈfɑːmə/; born February 14, 1939) is an American economist, best known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis.

He is currently Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. In 2013, he shared the Nobel Memorial Prize in Economic Sciences jointly with Robert J. Shiller and Lars Peter Hansen.[1][2] The Research Papers in Economics project ranked him as the 9th-most influential economist of all time based on his academic contributions, as of April 2019.[3] He is regarded as "the father of modern finance", as his works built the foundation of financial economics and have been cited widely.[4]

  1. ^ Eugene F. Fama on Nobelprize.org Edit this at Wikidata, accessed 12 October 2020
  2. ^ "3 US Economists Win Nobel for Work on Asset Prices", abc news, October 14, 2013
  3. ^ "Economist Rankings at IDEAS – Top 10% Authors, as of April 2019". Research Papers in Economics. April 2019. Retrieved May 22, 2019.
  4. ^ Eugene F. Fama personal website