Andrei Shleifer

Andrei Shleifer is the John L. Loeb Professor of Economics at Harvard University, a position he has held since 1991. He previously taught at Princeton University and the University of Chicago's Booth School of Business. Shleifer holds a B.A. from Harvard University and a Ph.D. in Economics from MIT. His research spans behavioral economics, financial economics, corporate governance, and institutional economics. He is widely recognized for his influential works such as *The Grabbing Hand* and *Inefficient Markets: An Introduction to Behavioral Finance*, and for his analysis of privatization, corporate governance, and market inefficiencies.

Shleifer is an Editor of the *Quarterly Journal of Economics* and a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and the American Finance Association. He won the prestigious John Bates Clark Medal in 1999, awarded to the most outstanding economist under 40. His research often integrates psychological insights into economic decision-making, addressing topics like cognitive biases, memory effects, and expectations-driven market behaviors.

His scholarly contributions include groundbreaking studies on tunneling in corporate governance, the role of salience in economic choices, and the dynamics of financial crises. Shleifer has also explored long-term economic expectations, inflation de-anchoring, and the implications of diagnostic expectations for credit cycles and asset markets.

Shleifer's work frequently engages with policy-relevant questions, including public procurement practices, property rights institutions, and the informal economy's role in development. His research has been cited prolifically, earning him recognition as the most cited economist globally according to RePEc.