View videos from the 2023 AFA Annual Meeting including the Presidential Address by Laura Starks, the AFA Business Meeting and JF Awards Presentation, and AFA Panels.
Announcing the 2023 AFA Fellow: Andrew Lo
Andrew W. Lo is the Charles E. and Susan T. Harris Professor, a Professor of Finance, and the Director of the Laboratory for Financial Engineering at the MIT Sloan School of Management.
Professor Lo’s current research spans three areas: evolutionary models of investor behavior and adaptive markets, quantitative models of financial markets, and healthcare finance. Recent projects include: an evolutionary explanation for bias and discrimination, and how to reduce their effects; a new analytical framework for measuring the impact of impact investing; and new statistical tools for predicting clinical trial outcomes, incorporating patient preferences into the drug approval process, and accelerating biomedical innovation via novel business and financing structures.
Professor Lo has published extensively in academic journals (see http://alo.mit.edu) and his most recent book is Adaptive Markets: Financial Evolution at the Speed of Thought. His awards include Batterymarch, Guggenheim, and Sloan Fellowships; the Paul A. Samuelson Award; the Eugene Fama Prize; the IAFE-SunGard Financial Engineer of the Year; the Global Association of Risk Professionals Risk Manager of the Year; the Harry M. Markowitz Award; the Managed Futures Pinnacle Achievement Award; one of TIME’s “100 most influential people in the world”; and awards for teaching excellence from both Wharton and MIT. He is a Fellow of Academia Sinica; the American Academy of Arts and Sciences; the Econometric Society; and the Society of Financial Econometrics.
Professor Lo holds a BA in economics from Yale University and an AM and PhD in economics from Harvard University. In January 2000, the Board of Directors of The American Finance Association instituted a Society of Fellows of the Association. The purpose of the society is to recognize those members who have made a distinguished contribution to the field of finance.
Johannes Stroebel Selected as 2023 Fischer Black Prize Winner
Johannes Stroebel is the David S. Loeb Professor of Finance at the New York University Stern School of Business. He joined NYU in 2013 from the University of Chicago Booth School of Business, where he was the Neubauer Family Assistant Professor of Economics.
Professor Stroebel conducts research in climate finance, household finance, social network analysis, macroeconomics, and real estate economics. He has won numerous awards, including the AQR Asset Management Institute Young Researcher Prize and the Brattle Award for the best paper published in the Journal of Finance. He has also won an Andrew Carnegie fellowship and an Alfred P. Sloan Research Fellowship in Economics. Professor Stroebel is an Associate Editor at the Journal of Political Economy, the Review of Economic Studies, and Econometrica.
Professor Stroebel read Philosophy, Politics, and Economics at Merton College, Oxford, where he won the Hicks and Webb Medley Prize for the best performance in Economics. He earned a Ph.D. in Economics at Stanford University, where he held the Bradley and Kohlhagen Fellowships at the Stanford Institute for Economic Policy Research.
The Fischer Black Prize honors the memory of Fischer Black, formerly a General Partner at Goldman Sachs and Professor of Finance at the University of Chicago (1971-1975) and at the Massachusetts Institute of Technology (1975-1984). The winner of the $50,000 prize must either be under age 40, or under age 45 for a winner who had not been awarded a Ph.D. (or equivalent) by age 35. The prize is awarded biennially at the American Finance Association’s Annual Meeting.
AFA 2022 Election Results
Congratulations to the officers and directors elected in the AFA 2022 election:
President: Markus Brunnermeier,
President Elect and 2024 Program Chair: Monika Piazzesi,
Vice President: Ulrike Malmendier,
Directors: Alex Edmans, Nadya Malenko, Wei Xiong
AFA Elections – Now Closed
The 2022 AFA elections are now closed. All regular members of the AFA were sent an email with a link to candidate bios and a ballot. Note: Student Members and Worldwide Directory of Finance members without a paid membership are not eligible to vote.