Portrait of Eugene Fama
Scholar portraitSource: Wikimedia Commons

Fama

Eugene F. Fama

Financial economist and theorist of capital markets

efficient marketsasset pricingcorporate finance

Official Source Note

Chicago Booth lists Fama as the Robert R. McCormick Distinguished Service Professor of Finance and notes his 2013 Nobel Prize in economic sciences. His profile emphasizes capital markets, the efficient markets hypothesis, risk, and expected return.

Fama is important for the site because securities regulation and empirical corporate-law research often rely on assumptions about price formation, information incorporation, market efficiency, and event-study methods.

Source: University of Chicago Booth School of Business

Relevance to the Archive

Fama's research connects legal rules to market prices, information processing, and empirical identification, especially in securities and financial-law research.

Representative Contributions

  • Efficient Capital Markets: A Review of Theory and Empirical Work (1970)
  • Agency Problems and the Theory of the Firm (1980)

Works Included Here