Harris Schlesinger

Harris Schlesinger
Professor of Finance and Frank Park Samford Chair of Insurance
Economics, Finance & Legal Studies
Office: 235 Alston Hall, 205-348-7858
Specialty Areas:
Insurance, Finance Theory, Economics of Uncertainty.
Education:

SUNY College at Potsdam (B.A. and M.A.), University of Illinois (M.S. and Ph.D.).

Honors, Achievements and Affiliations:

Dr. Schlesinger is past president of both the American Risk and Insurance Association and the European Group of Risk and Insurance Economists. He has held visiting appointments in Belgium, France, Germany and Switzerland. He was the founding editor of the Geneva Papers in Risk and Insurance Theory and currently is an associate editor for five academic journals. His research papers have won several awards, including the JRI Best Article Award (5 times), the Decision Analysis Best Paper Award from INFORMS, and the Kulp-Wright Book Award. He received the 2007 Burnum Distinguished Faculty Award at UA and he received the Minerva Award as outstanding alumnus from his undergraduate college. Dr. Schlesinger has been a Research Fellow for the CPCU Harry J. Loman Foundation, the National Science Foundation, the Science Center in Berlin (Germany), the Center for Economic Studies (Germany) and the Center for Intercollegiate Studies in Management Science (Belgium). He is currently a Senior Research Fellow with CESifo, a European-based economic policy organization. He has published articles in more than two dozen journals, including the American Economic Review, Journal of Finance, Econometrica, Quarterly Journal of Economics and Journal of Political Economy.

Selected Publications

  • “Risk Taking with Additive and Multiplicative Background Risks,” (With G. Franke and R. Stapleton), Journal of Economic Theory.  July 2011
  • “Simplifying and Solving Decision Problems by Stochastic Dominance Relations.” (With L. Eeckhoudt and I. Tsetlin.)  Wiley Encyclopedia of Operations Research and Management Science. 2011.
  • “Exploring Higher-Order Risk Effects.” (With C. Deck.) Review of Economic Studies. October 2010.
  • “On the Utility Premium of Friedman and Savage.” (With L. Eeckhoudt.) Economics Letters. October 2009.
  • “Apportioning of Risks via Stochastic Dominance.” (With L. Eeckhoudt and I. Tsetlin.) Journal of Economic Theory.  May 2009.
  • “Changes in Risk and the Demand for Saving.” (With L. Eeckhoudt.) Journal of Monetary Economics. October 2008.
  • “Precautionary Insurance Demand with State-Dependent Background Risk.”  (With W. Fei.) Journal of Risk and Insurance. March 2008.
  • “A Good Sign for Multivariate Risk taking.” (With L. Eeckhoudt and B. Rey.) Management Science.   January 2007.
  • “Mossin’s Theorem for Upper-Limit Insurance Policies,” Journal of Risk and Insurance. June 2006.
  • “Putting Risk in its Proper Place.” (With L. Eeckhoudt.) American Economic Review. May 2006.
  • “Multiplicative Background Risk.”  (With G. Franke and R. Stapleton.) Management Science. January 2006.
  • “Coping with Credit Risk,” (With H. Loubergé.) Journal of Risk Finance. May 2005.
  • “Adverse Selection in an Insurance Market with Government-Guaranteed Subsistence Levels,”  (With B. Kim.)  Journal of Risk and Insurance. March 2005.
  • Economic and Financial Decisions under Risk.  Princeton NJ:  Princeton University Press (With L. Eeckhoudt and C. Gollier.) January 2005.