Mark Rubinstein to give annual Karl Borch Lecture

The seventh lecture in memory of NHH professor Karl Borch is scheduled for Friday September 5, 2008.

03.09.2008 - Ed. (translated by Jessica Hartenberger)

Mark Rubinstein, who for many years was a Paul Stephens Professor in applied investment analysis at Haas School of Business, University of California, Berkeley is one of the world's leading financial economists. For his Karl Borch Lecture in 2008 he has selected the theme: Great Moments in Financial Economics: The Hidden History.

Professor Rubinstein's ground-breaking work has been within a broad spectrum of financial economics, and he is especially known for his contribution to derivatives and to market pricing of assets. Rubinstein is also the author and co-author of many books; among others the prize awarded Options Markets (with John C. Cox). Subsequently, he has also gained an interest in history, and is the author of A History of the Theory of Investments (Wiley 2006) which the theme for this year's Karl Borch Lecture was taken from.

Those responsible for the lecture include: Knut K. Aase, Agnar Sandmo, Steinar Ekern og Kristian Miltersen. The lecture is arranged by the Department of finance and management science, with support from The Research Council of Norway and Institute for Research in Economics and Business Administration (SNF).

Karl Borch was a professor at NHH during 1963-1986, and is considered to be one of the founders of Economics of Uncertainty, with a long list of meaningful contributions published in leading scientific periodicals and books.

The idea behind the Karl Borch Lecture is to hold an annual guest lecture about a current research theme for scientific staff, students, and others who are interested. The first Karl Borch Lecture, which was launched in 2002, was given by professor Bengt Holmström from the Massachusetts Institute of Technology.

The next lectures were given in 2003 by professor Oliver Hart from Harvard University; in 2004 by professor Robert Wilson from Stanford University; in 2005 by professor Michael Brennan from University of California, Los Angeles; in 2006 by Stephen A. Ross from Massachusetts Institute of Technology; and in 2007 by Hayne Leland, University of California, Berkeley.

Date: Friday 5th of September
Time: 12:15-13:30
Place: Karl Borch's auditorium

Contact person: Knut K. Aase, tlf. 55 95 92 49, e-mail: knut.aase@nhh.no.