Sauder School of Business

Alan  Kraus

Alan Kraus
BA (Cornell), MBA (Stanford), PhD (Cornell)

Perigee Professor of Finance

Office:    Henry Angus 878
Phone:     +1-604-822-8342
Fax:    +1-604-822-4695
Email:    < alan.kraus at >

University of British Columbia
Sauder School of Business
2053 Main Mall, Vancouver BC, V6T 1Z2

Curriculum Vitae

Research Interests
Research Interests include Pricing of Risky Securities, Models of Capital Market Equilibrium, Choice under Uncertainty, and Economics of Information.

Selected Publications

Alan Kraus and Amir Rubin
“Reducing Managers' Incentives to Cannibalize: Managerial Stock Options when Shareholders are Diversified”
Journal of Financial Intermediation, Aug. 2009

Burton Hollifield and Alan Kraus
“Defining Bad News: Changes in Return Distributions that Decrease Risky Asset Demand”
Management Science, Jul. 2009, 1227-1236

Alan Kraus and Jacob Sagi
“Asset Pricing with Unforeseen Contingencies”
Journal of Financial Economics, Nov. 2006, 417-453

Alan Kraus and Jacob Sagi
“Inter-temporal Preference for Flexibility and Risky Choice”
Journal of Mathematical Economics, Feb. 2006, 696-709

Amir Barnea, Robert Heinkel, and Alan Kraus
“Green Investors and Corporate Investment”
Structural Change and Economic Dynamics, Vol. 16, 2005, 332-346.

Alan Kraus and Amir Rubin
“The Effect of Short Sale Constraint Removal on Volatility in the Presence of Heterogeneous Beliefs”
International Review of Finance, Vol. 4, 2003, pp. 171-188.

Robert Heinkel, Alan Kraus, and Josef Zechner
“The Effect of Green Investment on Corporate Behavior”
Journal of Financial and Quantitative Analysis, Vol. 36, 2001, 431-449.