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Fama-DFA Prize
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Fama-DFA Prize : ウィキペディア英語版
Fama-DFA Prize
The Fama-DFA Prize is an annual prize given to authors with the best capital markets and asset pricing research papers published in the ''Journal of Financial Economics''. The award is named after Eugene Fama who is a co-founding advisory editor of the journal, a financial economist, a 2013 Nobel laureate in Economics, a finance professor at the University of Chicago Booth School of Business, and a research director for both the Dimensional Fund Advisors and the Center for Research in Securities Prices. Fama is widely recognized as the father of efficient markets since the efficient market hypothesis arose from his 1960 Ph.D. dissertation, ''The Behavior of Stock Market Prices''. This dissertation led to publications on random walk hypothesis theory. He is described by some as the best known financial economist in the world. In the areas of portfolio theory and asset pricing the Three-factor model he developed with Kenneth French in "The Cross-Section of Expected Stock Returns." in the June 1992 ''Journal of Finance'' is highly respected and well-cited. The prize is also co-named for the investment advisory firm, Dimensional Fund Advisors.
==Details==
Each year personal and student subscribers to the ''Journal of Financial Economics'' vote for the best paper in each of two categories after the journal's editorial office has enumerated all articles and assigned them to either the corporate finance and organizations area or the capital markets and asset pricing areas. Each subscriber may use one vote for each category. Currently the first prize in each category is $5,000 and the second prize is $2,500.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Fama-DFA Prize」の詳細全文を読む



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