Background
Economist, born in Cambridge, Massachusetts, USA.
Economist, born in Cambridge, Massachusetts, USA.
taught at Washington , Irvine , and Stanford -LRB- from 1970 -RRB- universities
Economics, Rand Corporation, 1959-1961. Assistant Professor, Association Professor, Professor, University Washington, 1961-1963, 1963-1967,
8. Professor, University California Irvine, 1968-1970.
Professor, Stanford University, 1970-1973. Timken Professor Finance, Graduate School Business, Stanford University, California, United States of America, since 1973. Association Editor, J. Finance and Quantitative Analysis, 1966-1972, Management Science, 1970-1972, Bell Journal of Economics, 1970-1973, Journal of Finance, since 1983.
Editor Adviser, Finance and Computer Science (Praeger).
In 1990 William F. Sharpe received the prize in memory of Alfred Nobel (together with Merton H. Miller and Harry M. Markowitz) for his research on the theory of price in the capital market. William Sharpe is a founding member of the Capital Asset Pricing Model (CAPM), one of the largest capital market equilibrium models under uncertainty. He also developed the Sharpe ratio, an indicator for measuring the risk-return ratio (performance) of investments, the binomial method to price options, the gradient method to optimize the asset allocation (the practical implementation of the findings of the portfolio theory) and the return-based analysis for evaluating the performance of investment funds.
Fellow: Fin. Management Association International; American Fin. Association (vice president 1979, president 1980) ON DUPLICATE KEY UPDATE `description` = VALUES(`description`); International Association Fin. Engineers; American Economic Association; Eastern Fin. Association (Distinguished Scholar award 1991) ON DUPLICATE KEY UPDATE `description` = VALUES(`description`); Western Fin. Association (Enduring Contribution award 1989) ON DUPLICATE KEY UPDATE `description` = VALUES(`description`); Phi Beta Kappa
Portfolio Theory and Capital Markets (McGraw-Hill, 1970 and 2000).
Fundamentals of Investments (with Gordon J. Alexander and Jeffrey Bailey, Prentice-Hall, 2000).
Sharpe, William F. (1963). "A Simplified Model for Portfolio Analysis". Management Science 9 (2): 277–93.
Sharpe, William F. (1964). "Capital Asset Prices - A Theory of Market Equilibrium Under Conditions of Risk". Journal of Finance XIX (3): 425–42.
Work has combined an interest in normative approaches to financial decision-making under uncertainty and positive theories of equilibrium in financial markets characterised by uncertainty. The former is subsumed under the title portfolio theory, the latter under the title capital market theory.
Fellow: Fin. Management Association International
American Fin. Association (vice president 1979, president 1980); International Association Fin. Engineers
American Economic Association
Eastern Fin. Association (Distinguished Scholar award 1991)
Western Fin. Association (Enduring Contribution award 1989)
Phi Beta Kappa
