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Lives of the LaureatesTwenty-three Nobel Economists$
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Roger W. Spencer and David A. Macpherson

Print publication date: 2014

Print ISBN-13: 9780262027960

Published to MIT Press Scholarship Online: May 2015

DOI: 10.7551/mitpress/9780262027960.001.0001

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William F. Sharpe

William F. Sharpe

(p.143) William F. Sharpe
Lives of the Laureates

Roger W. Spencer

David A. Macpherson

The MIT Press

This chapter considers the career of William F. Sharpe who received the Nobel Prize in 1990. Sharpe was born in 1934 and received his B.A., M.A., and Ph.D. all from the University of California. He started his career in 1961 as assistant professor at the University of Washington. From 1967 to 1973 he worked as a professor at several other universities. He was then later appointed Timken professor emeritus of finance and professor of finance, emeritus, at Stanford University. His comparative advantage lay in his development, application, and communication of practical theory. His focus was on financial economics, concentrating on investment applications through the integration of existing ideas rather than the development of new ones. His publications include Portfolio Theory and Capital Markets and Fundamentals of Investments.

Keywords:   William F. Sharpe, practical theory, financial economics, investment applications, portfolio theory

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