Master of Science in Engineering, Polytechnique, Paris, 1968. Doctor of Philosophy, Massachusetts Institute of Technology, 1972. Doctor of Philosophy, University Paris, 1976.
Assistant professor Stanford University, 1974-1976. Professor finance Hautes Etudes Commercials School Management, Paris, since 1976. Council member education and research AIMR, since 1991.
President European Finance Association, 1974-1975. Decorated chevalier Ordre du Merite (France). Recipient Silver medal National Centre for Scientific Research, France, 1996, Finance award of year Interlaken Finance Symposium, 1998.
Named Best French Finance Economist, Le Nouvel Economiste, 1993.
Married Catherine Jacqueline Albert, June 26, 1970. Children: Vincent, Alexandra.