John Geanakoplos receives Stephen A. Ross Prize for research on leverage cycles
SFI External Professor John Geanakoplos of Yale University and Ana Fostel of the University of Virginia were awarded the eighth Stephen A. Ross Prize by The Foundation for Advancement of Research in Financial Economics (FARFE) for their 2008 paper "Leverage Cycles and the Anxious Economy." The paper presents a groundbreaking analysis of financial booms and busts.