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Ulrike MalmendierA leader in corporate and behavioral finance from Germany.
Country:
 USA |
Content:
- A Pioneer in Corporate and Behavioral Finance
- Academic Accolades
- Research and Recognition
- Educational Background and Early Career
- Current Affiliations
- Research Contributions
- Interdisciplinary Research
- Personal Life
A Pioneer in Corporate and Behavioral Finance
Ulrike Malmendier is a German-born professor of economics and finance at the University of California, Berkeley. Her research focuses on behavioral economics, corporate finance, and law and economics. Malmendier was awarded the prestigious Fischer Black Prize by the American Finance Association in 2013.
Academic Accolades
Malmendier is ranked among the top 5% of economists by IDEAS, a ranking system for economists. She is also recognized as one of the top 100 young economists whose work began publishing 15 years ago. The New York Times has named Malmendier as one of 13 young economists who are shaping the future of economics.
Research and Recognition
Malmendier's work on behavioral biases in financial markets has garnered attention from numerous publications, including The Economist, Investors Chronicle, Bloomberg, The New Yorker, New York Times, Barron's, and The Boston Globe. Her profile has also been featured in The American Magazine and The Chronicle of Higher Education.
Educational Background and Early Career
Malmendier holds a J.D. from the University of Bonn (2000) and a Ph.D. in economics from Harvard University (2002), where she was mentored by Andrei Shleifer. She served as an assistant professor of finance at Stanford University from 2002 to 2006, with visiting positions at the University of Chicago and Princeton University. In 2006, Malmendier joined Berkeley, where she received tenure in 2008.
Current Affiliations
Malmendier is currently a research associate of the National Bureau of Economic Research, a research affiliate of the Center for Economic Policy Research, and a faculty research fellow at the Institute for the Study of Labor.
Research Contributions
Malmendier has explored topics ranging from behavioral economics to corporate finance, psychology and economics, and law and economics. Her study on overconfident CEOs found that they invest too much in their firms and are more likely to engage in "destructive acquisitions" than less confident managers. She has investigated how behavioral biases influence financial decision-making in various contexts.
Interdisciplinary Research
Malmendier's research also extends to the origins of private equity. She examined an early form of private equity in ancient Rome known as the societas publicanorum.
Personal Life
Malmendier is married to Stefano DellaVigna, a professor of economics at Berkeley.
