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Research of 2013 Nobel Prize in Economic Science winners to be discussed by two URI professors, Nov. 18

Media Contact: Jhodi Redlich, 401-874-4500

KINGSTON, R.I. – November 13, 2013 – Two University of Rhode Island College of Business Administration professors will discuss the research contributions made by the recipients of the 2013 Nobel Prize in Economic Science. The public forum will be held on Monday, Nov. 18, from 3 to 4:20 p.m., room 275 Chafee Social Science Center, URI, Kingston.

URI professors of finance Henry Oppenheimer and Tong Yu, will focus on the prices of stocks, bonds, and other assets as they relate to the research of the Nobel Prize winners. Both professors teach undergraduate and graduate courses in international finance, corporate finance, investments, portfolio management and related topics.

The 2013 Nobel Prize in Economic Science was awarded jointly to Eugene F. Fama and Lars Peter Hansen of the University of Chicago and Robert J. Shiller of Yale University "for their empirical analysis of asset prices."

Fama is widely recognized as the "father of modern finance", and 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.

Hansen is an internationally known leader in economic dynamics. He is recognized for making fundamental advances in understandings of how the economic agents cope with changing and risky environments.

Shiller has written extensively on all aspects of financial markets. He also writes a regular column “Finance in the 21st Century” for Project Syndicate, which publishes around the world, and “Economic View” for The New York Times.

The College of Business Administration, the URI Department of Economics, and the Phi Beta Kappa Society sponsor the program. For further information, please call 401-874-9195.

This press release was written by URI Marketing and Communications intern, Caitlin Musselman, who is a public relations and political science major.