黄 明 教授
【大 中 小】
黄明博士现为华仁商学院访问学者，美国康奈尔大学金融学教授（终身），曾任教于斯坦福和芝加哥大学商学院。
主要研究领域
包括行为金融学、公司金融学、信用风险、衍生品市场等。黄明博士多年来在中国、美国及日本有丰富的咨询以及高层经理培训教学经验。
学术成就
黄明教授的研究成果多见于《美国经济评论》（American Economic Review）、《政治经济学期刊》（Journal of Political Economy）、《经济学理论期刊》（Journal of Economic Theory）、《经济学季刊》（Quarterly Journal of Economics）、和《金融学期刊》（Journal of Finance）等国际一流学术杂志；因其出色的教学和研究工作，黄明博士曾多次获奖，如2000年获FAME 研究奖（奖给FAME基金评选出的美国金融学当年两大年会上最佳投资学文章）；1997年获芝加哥大学商学院Emory Williams优秀教学奖；2001年获斯坦福大学商学院杰出教学奖。黄明教授现任《美国经济评论》（American Economic Review）编委（associate editor）。
主要学术成果
"Individual Preferences, Monetary Gambles, and Stock Market Participation: A Case for Narrow Framing," with Nicholas Barberis and Richard Thaler, American Economic Review 96, pp 1069-90, September 2006.
"The Loss Aversion / Narrow Framing Approach to Stock Market Pricing and Participation Puzzles," with Nicholas Barberis, February 2004, forthcoming in Handbook of Investments: Equity Premium, edited by Raj Mehra, North Holland, Amsterdam.
"Talking up Liquidity: Insider Trading and Investor Relations," with Harrison Hong, Journal of Financial Intermediation, January 2005.
"Does Fund Size Erode Performance? The Role of Liquidity and Organization," with Joseph Chen, Harrison Hong, and Jeffrey D. Kubik, American Economic Review, December 2004.
"Liquidity Shocks and Equilibrium Liquidity Premia,", Journal of Economic Theory, March, 2003
"Prospect Theory and Asset Prices," with N. Barberis and T. Santos, Quarterly Journal of Economics, February, 2001 "Mental Accounting, Loss Aversion, and Individual Stock Returns," with N. Barberis, Journal of Finance, August, 2001
"Toeholds and Takeovers," with Jeremy Bulow and Paul Klemperer, Journal of Political Economy, 107, 1999
"Swap Rates and Credit Quality," with Darrell Duffie, Journal of Finance, 51, 1996
"Individual Preferences, Monetary Gambles, and Stock Market Participation: A Case for Narrow Framing," with Nicholas Barberis and Richard Thaler, American Economic Review 96, pp 1069-90, September 2006.
"The Loss Aversion / Narrow Framing Approach to Stock Market Pricing and Participation Puzzles," with Nicholas Barberis, February 2004, forthcoming in Handbook of Investments: Equity Premium, edited by Raj Mehra, North Holland, Amsterdam.
"Talking up Liquidity: Insider Trading and Investor Relations," with Harrison Hong, Journal of Financial Intermediation, January 2005.
"Does Fund Size Erode Performance? The Role of Liquidity and Organization," with Joseph Chen, Harrison Hong, and Jeffrey D. Kubik, American Economic Review, December 2004.
"Liquidity Shocks and Equilibrium Liquidity Premia,", Journal of Economic Theory, March, 2003
"Prospect Theory and Asset Prices," with N. Barberis and T. Santos, Quarterly Journal of Economics, February, 2001 "Mental Accounting, Loss Aversion, and Individual Stock Returns," with N. Barberis, Journal of Finance, August, 2001
"Toeholds and Takeovers," with Jeremy Bulow and Paul Klemperer, Journal of Political Economy, 107, 1999
"Swap Rates and Credit Quality," with Darrell Duffie, Journal of Finance, 51, 1996
