David Hirshleifer

David Hirshleifer holds the Robert G. Kirby Chair in Behavioral Finance at the University of Southern California's Marshall School of Business, where he serves as Professor of Finance and Business Economics with a courtesy appointment in Economics. He is a Research Associate at the National Bureau of Economic Research and Senior Fellow at the Asian Bureau of Finance and Economic Research.

• Former President of the American Finance Association
• Executive Editor of the Review of Financial Studies
• Director of American and Western Finance Associations

His research centers on behavioral finance and social dynamics in markets, exploring how psychological forces and social transmission of ideas influence investor behavior, asset prices, and corporate decision-making. Hirshleifer advocates for the emerging paradigm of social economics and finance, examining how social networks affect financial outcomes as evidenced by his recent work on 'Economic Connectedness' showing how friendships with high socioeconomic status individuals improve personal finances.

Hirshleifer's research has earned distinguished awards, and he is frequently invited as a keynote speaker at international conferences. His Presidential Address to the American Finance Association outlines his vision for understanding how social transmission shapes markets.

• Former President, American Finance Association
• Executive Editor, Review of Financial Studies
• Research Associate, National Bureau of Economic Research

He actively mentors students through his teaching of graduate courses including FBE-505 Behavioral Finance and FBE-699 Special Topics: Psychology and Financial Markets. His research has been featured in major media outlets including ABS/CBN and MarketWatch, demonstrating the real-world impact of his academic work on understanding financial markets and investor behavior.