203.432.6277

Assistant Professor of Finance

The focus of Professor Yan's current research is to better understand the behavior of asset prices by incorporating bounded rationality, heterogeneous beliefs, learning and market imperfections etc. into standard asset pricing framework. This year Professor Yan teaches Financial Instruments and Contracts.

Recent Achievements and Honors
Finalist, Lehman Brothers Fellowship for Research Excellence in Finance, 2004
Kaplanis Fellow, London Business School, 2003-2004
Ph.D. Scholarship, London Business School, 2000-present
Antai Scholarship, Beijing University, 1997-1998

Working Papers
"Natural Selection in Financial Markets: Does It Work?"

"The Behavior of Individual and Aggregate Stock Prices: Theory and Evidence"

"Equilibrium Asset Prices and Investor Behavior in the Presence of Money Illusion" (with S. Basak)

Education
PhD London Business School, 2005
MS Beijing University, 1998
BS Nankai University, 1995