Suleyman Basak
Encyclopedia
Süleyman Başak is a financial economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 of Turkish Cypriot origin. He is currently Professor at the Institute of Finance and Accounting of the London Business School
London Business School
London Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...

, an MBA-granting part of the University of London
University of London
-20th century:Shortly after 6 Burlington Gardens was vacated, the University went through a period of rapid expansion. Bedford College, Royal Holloway and the London School of Economics all joined in 1900, Regent's Park College, which had affiliated in 1841 became an official divinity school of the...

 and has previously taught at the Wharton School of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...

 until June 30, 2000, where he received the David W. Hauck Award for Outstanding Teaching in 1997, and an honourable mention in 1998 and 1999 for the Geewax, Terker Prize for Investment Research.

Başak received his B.S. degree in Civil engineering from University College London
University College London
University College London is a public research university located in London, United Kingdom and the oldest and largest constituent college of the federal University of London...

 and a Master's degree in the same subject from Carnegie Mellon University
Carnegie Mellon University
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania, United States....

, This was followed by a M.S. and Ph.D. at in Financial economics from Carnegie Mellon. His dissertation won him the Alexander Henderson Award
Alexander Henderson Award
The Alexander Henderson Award is presented to the student at the Tepper School of Business at Carnegie Mellon University who displays the best work in the field of economic theory. A large proportion of the winners of the award has later made contributions to economics that have changed the...

 for excellence in economics, an award also won by Nobel Laureates Oliver Williamson, Dale Mortensen, Finn Kydland and Edward Prescott. He has been the recipient of a Fulbright scholarship, and a William Larimer Mellon Fellowship. He holds research grants from the Economic & Social Research Council, U.K., and the Q-Group, Institute for Quantitative Research in Finance, U.S.

He is Associate Editor of the journals Management Science and Review of Finance.

Publications

Başak has published over 17 peer-reviewed papers. His most cited, both dealing with financial economics, are
  • Basak S., Shapiro A., 'Value-at-risk-based risk management: Optimal policies and asset prices'. Review of Financial Studies
    Review of Financial Studies
    The Review of Financial Studies is an academic journal published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 1986 Western Finance Association meetings, and the first issue was published in 1988...

    , 14:371–405. Cited by: 53
  • Basak S., Cuoco D., 'An equilibrium model with restricted stock market participation'. Review of Financial Studies
    Review of Financial Studies
    The Review of Financial Studies is an academic journal published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 1986 Western Finance Association meetings, and the first issue was published in 1988...

    , 11:309–341. Cited by: 44

External links

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