معرفی
Winston Wei Dou is an Associate Professor of Finance and the Golub Faculty Scholar at the Wharton School of the University of Pennsylvania. He serves as a Faculty Research Fellow at the National Bureau of Economic Research (NBER) since 2022 and was a Fama-Miller visiting professor at the Chicago Booth School of Business during the winter term of 2023. He currently serves as the Associate Editor of The Review of Finance, The Journal of Corporate Finance, and The Journal of Economic Dynamics and Control.
- Doctoral degree in financial economics from MIT
- Doctoral degree in statistics from Yale University
- B.S. in mathematics (primary) and B.S. in economics from Peking University
Professor Dou specializes in asset pricing, capital markets, industrial organization, macroeconomics, and econometrics. His research primarily focuses on asset pricing and capital markets, integrating concepts from industrial organization, macroeconomics, and econometrics. He is particularly known for his work on strategic competition in product and asset markets, including tacit collusion and implicit coordination, and their impact on asset pricing and capital market dynamics. His recent research explores the impact of AI technologies on financial markets and regulatory measures. Professor Dou is dedicated to developing innovative theoretical models with strong connections between theory and data, emphasizing model robustness.
His research spans several key areas including asset pricing, capital markets, strategic competition, corporate finance, and the intersection of artificial intelligence with financial markets. His publications in top journals like Journal of Finance, Econometrica, and Review of Financial Studies demonstrate his significant contributions to understanding how product market competition affects asset pricing, how financial frictions influence corporate decisions, and how AI technologies are transforming financial markets.
- Numerous research awards including NASDAQ Award for Best Paper on Asset Pricing, AAII Award for Best Paper on Investments, and multiple Wharton research prizes
- Two-time recipient of the Golub Faculty Scholar Award
- Recipient of the Marshall Blume Prize and Jacobs Levy Prize
- Winner of the I.R. Savage Award in Nonparametric Statistics
Professor Dou has taught three distinct courses across undergraduate, MBA, and doctoral programs at Wharton, including derivatives markets for undergraduate and MBA students, and advanced courses on asset pricing, capital markets, and macro finance for doctoral students. He has received the Wharton Teaching Excellence Award. His research has been supported by multiple Dean's Research Fund Awards and other prestigious research grants. He frequently serves as a discussant at major finance conferences including the American Finance Association Annual Meeting and SFS Finance Cavalcade.
Professor Dou actively participates in research networks through his NBER affiliation and collaborates with leading scholars in finance, economics, and statistics. His work bridges theoretical modeling with empirical analysis, contributing significantly to our understanding of how strategic competition, financial frictions, and emerging technologies shape financial markets.
