|
|
 |
Karl Schmedders
Associate Professor of Managerial Economics and
Decision Sciences
Managerial Economics and Decision Sciences
|
|
|
| |
| Academic
Positions Held |
| |
2005
- present
Associate professor with tenure, Kellogg School of Management,
Northwestern University
2001
– 2005
Associate Professor of Managerial Economics and Decision
Sciences, Kellogg School of Management, Northwestern
University
1998 – 2001
Assistant Professor of Managerial Economics and Decision
Sciences, Kellogg School of Management, Northwestern
University
1996 – 1998
Visiting Fellow, Hoover Institution, Stanford
1995 – 1996
Acting Instructor and Teaching Affiliate, Dept. of Operations
Research, Stanford University
|
| |
|
| Courses
/ Topics Taught |
| |
DECS
434: Statistical Methods for Management Decisions |
| |
|
| Career
and Recent Professional Awards; Teaching Awards |
| |
2004
Nomination of a paper for the 2003 Smith-Breeden Prize,
The Journal of Finance.
2000,
’02, ’04
Chairs’ Core Course Teaching Award, Kellogg School
of Management
2002,
’03, '04
WHU Best Teacher Award (in Winter Semester), WHU Koblenz,
Germany
2002
L.G. Lavengood Professor of the Year, Kellogg School
of Management
read
the speech
1996
Walter J. Gores Award, Stanford University’s most
prestigious teaching award
1996
Best Engineering Professor of the Year Award, Stanford
Society of Women Engineers
1993
Best Teaching Assistant of the Year Award, Dept. of
Operations Research, Stanford University
|
| |
|
| Professional
Leadership |
| |
2000
– present Associate Editor of the Journal of Economic
Dynamics and Control
1997, 2003, ’04 Co-organizer of a one-week summer
workshop of the Stanford Institute for Theoretical Economics
(SITE)
2003 Member of the Scientific Conference Committee,
12th European Workshop on General Equilibrium Theory,
Bielefeld University
Member
of: American Economic Association, Econometric Society,
Society for Computational Economics, Society for the
Advancement of Economic Theory, Mathematical Programming
Society, INFORMS
|
| |
|
| Research
Areas |
| |
Computational
Economics, General Equilibrium Theory, Asset Pricing,
Portfolio Choice |
| |
|
| Current
Projects |
| |
Methods
for Finding All Equilibria of Economic Models
Portfolio Choice in Dynamic Economies |
| |
|
| Representative
Publications |
| |
“Computing
Equilibria in Finance Economies with Incomplete Markets
and Transaction Costs,” with P. Jean-Jacques Herings,
Economic Theory, 27 (2006) 493 – 512.
(lead article of Volume 27, number 3).
“Approximate
versus Exact Equilibria in Dynamic Economies,”
with Felix Kubler, Econometrica, 73 (2005)
1205 – 1235.
“Excess Price Volatility and Financial Innovation,”
with Alessandro Citanna, Economic Theory, 26
(2005) 559 – 587.
“Effects of Asset Market Structure on Welfare
and Trading Volume,” with Kenneth L. Judd and
Felix Kubler, in Assets, Beliefs, and Equilibria
in Economic Dynamics, Essays in Honor of Mordecai Kurz,
ed. by C. D. Aliprantis, K. J. Arrow, P. Hammond, F.
Kubler, H.-M. Wu, and N. C. Yannelis, New York: Springer-Verlag,
2004.
“Stationary Equilibria in Asset-Pricing Models
with Incomplete Markets and Collateral,” with
Felix Kubler, Econometrica, 71 (2003) 1767
– 1793.
“Computational Methods for Dynamic Equilibria
with Heterogeneous Agents,” with Kenneth L. Judd
and Felix Kubler, in Advances in Economic Theory
and Econometrics Volume III, ed. by M. Dewatripoint,
L. P. Hansen, and S. J. Turnovsky, New York: Econometric
Society, 2003.
“Asset-Trading Volume with Dynamically Complete
Markets and Heterogeneous Agents,” with Kenneth
L. Judd and Felix Kubler, The Journal of Finance,
58 (2003) 2203 – 2217. [This paper received a
nomination for the 2003 Smith-Breeden Prize.]
“Generic Inefficiency of Equilibria in the General
Equilibrium Model with Incomplete Asset Markets and
Infinite Time,” with Felix Kubler, Economic
Theory, 22 (2003) 1 – 15. [Lead Article]
|
| |
last
modified 03/30/2006 |
|
|
|
