William F. Sharpe (1934- )

Awarded the Prize “for his pioneering work in the theory of financial economics.”

American economist. Sharpe was born on June 16, 1934 at Cambridge, Massachusetts. He received the Bachelor of Arts degree in 1955, the Master of Arts degree in 1956, Ph.D. in 1961 at the University of California at Los Angeles. He joined the RAND Corporation in 1956 as an Economist. In 1961 he moved to Seattle to take a position in Finance at the School of Business at the University of Washington. In 1968, he went to the University of California at Irvine in 1970 Stanford University Graduate School of Business, becoming the Timken Professor of Finance in 1973. In 1980 he was elected President of the American Finance Association.
Major Works:
Portfolio Analysis Based on a Simplified Model of the Relationships Among Securities (1963); Portfolio Theory Capital Markets (1970); Investments (19