Jacqueline Volkman-Wise

Transcription

1 Jacqueline Volkman-Wise 619 Alter Hall 1801 Liacouras Walk Phone: (work) Philadelphia, PA (cell) EDUCATION 2007 Ph.D. Managerial Science and Applied Economics Major: Insurance & Risk Management; 2 nd Concentration: Finance The Wharton School, University of Pennsylvania 2006 A.M. Managerial Science and Applied Economics The Wharton School, University of Pennsylvania 2002 B.S. Mathematics and Economics The Pennsylvania State University Highest Distinction in Math and Economics with Honors in Economics CURRENT POSITIONS July 2011 Assistant Professor, Risk, Insurance & Healthcare Management Department Fox School of Business, Temple University May June Visiting Scholar, Munich Risk & Insurance Center 2014 Ludwig Maximilians University Munich, Germany Jan Fall 2011 Board Member, Western Risk & Insurance Association (WRIA) Editorial Board Member, Journal of Business and Financial Affairs PREVIOUS POSITIONS Visiting Scholar, Insurance & Risk Management Department The Wharton School, University of Pennsylvania Assistant Professor of Finance, Schools of Business, Fordham University Research Assistant, Insurance and Risk Management, The Wharton School Summer 2001 Investment Banking Summer Analyst, Lehman Brothers, New York, NY Summer 2000 Researcher, Biomedical Engineering, Hearing Research Center, Boston University HONORS, GRANTS, & AWARDS 2014 Business Honors Instructor of the Year Award for , Fox School of Business, Temple University 2013 Business Honors Student Association (BHSA) Faculty Spotlight 2013 University Summer Research Award, Temple University Project Proposal: Demand for Catastrophe Insurance and the Representative Heuristic Competitive Research Award from the University

2 2012 Semi-finalist for Best Paper Award in Investments, Financial Management Association Paper Title: 2012 Gamma Iota Sigma (Sigma Chapter) Outstanding Teacher of the Year Award , Fox School of Business, Temple University 2011 Young Scholars Interdisciplinary Forum/Grant, Fox School of Business Project Title: Peer Envy: Measurement and Impact on Retirement Investment Decisions ($2500) 2010 Fordham University Faculty Fellowship 2010 Fordham University Business School Faculty Summer Research Grant 2009 Featured Profile in CBA Spotlight, CBA Newsletter, October 2009 Fordham University Business School Faculty Summer Research Grant 2008 CBA Dean s Award for Cura Personalis, Fordham University 2008 Fordham University Business School Faculty Summer Research Grant Bradley Foundation Fellowship, Insurance & Risk Management Dept, Wharton School Russell Ackoff Doctoral Fellowship for Research on Human Decision Processes Wharton Risk Management and Decision Processes Center 2003 Shannon S. Schieber Doctoral Fellowship, The Wharton School Honor for Best Female First-Year Wharton Doctoral Student S.S. Huebner Foundation for Insurance Education Fellowship 2002 Standard Bearer, Mathematics Department, The Pennsylvania State University Honor for student with highest GPA within the major 2001 present Phi Beta Kappa PUBLICATIONS Published Articles Beilis, Alan, Jan Dash, and Jacqueline Volkman-Wise. Psychology, Stock/FX Trading, and Option Prices. Journal of Behavioral Finance, forthcoming. Volkman Wise, Jacqueline, Pension Portfolio Choice and Peer Envy. Journal of Risk and Insurance, 80(2), DOI: /j x. Volkman-Wise, Jacqueline, Managing Longevity Risk: The Need for Financial Literacy and the Role of the Financial Advisor. Journal of Business and Financial Affairs, 2(3). DOI: / e133 Muermann, Alexander, Olivia S. Mitchell, and Jacqueline M. Volkman, Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes. Insurance: Mathematics, and Economics, 39(2), Working Papers Representativeness and Managing Catastrophe Risk, revise and resubmit at Journal of Risk and Uncertainty Previously titled Representativeness and the Demand for Catastrophe Insurance Demand for Catastrophe Insurance and the Representative Heuristic (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) Page 2 of 10

3 Loss Aversion, Probability Weighting, and the Demand for Insurance (with David L. Eckles) Previously titled Prospect Theory and the Demand for Insurance Semi-finalist for Best Paper Award in Investments, Financial Management Association CEO Overconfidence, Corporate Governance, and the Demand for Directors and Officers Insurance (with Jeffrey Boles and Yevgeniy Davydov), 2014 Peer Envy: Measurement and Impact on Retirement Investment Decisions (with Jeffrey Boles), The Risk of Ever-Growing Disaster Relief Expectations (with Erwann Michel-Kerjan), Wharton Risk Management and Decision Processes Center WP # Regret, Procrastination and Defaults in Defined Contribution Pension Plans Regret, Pride, and the Disposition Effect (with Alexander Muermann), Papers In-Progress Consumer Decisions Post-Catastrophe: Probability Distortions and the Demand for Insurance (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) Corporate Demand for Bribery Insurance (with Jeffrey Boles and Yevgeniy Davydov) Book Reviews Volkman Wise, Jacqueline, Review of Lecturing Birds on Flying: Can Mathematical Theories Destroy the Financial Markets? by Pablo Triana. Journal of Pension Economics and Finance, 10(3), , Other Published Work Pollution Abatement Costs: Hurting or Helping Productivity, University Avenue Undergraduate Journal of Economics, 6 (1). PROFESSIONAL ACTIVITIES & SERVICE Paper Presentations October 2014 (scheduled) August 2014 (scheduled) CEO Overconfidence, Litigation Risk, and the Demand for Directors and Officers Insurance (with Jeffrey Boles and Yevgeniy Davydov) Financial Management Association Annual Meeting, Nashville, Tennessee CEO Overconfidence, Litigation Risk, and the Demand for Directors and Officers Insurance (with Jeffrey Boles and Yevgeniy Davydov) American Risk and Insurance Association Annual Meeting, Seattle, WA Page 3 of 10

4 June 2014 (invited) March 2014 March 2014 (invited) January 2014 August 2013 July 2013 January 2013 December 2012 October 2012 October 2012 September 2012 CEO Overconfidence, Litigation Risk, and the Demand for Directors and Officers Insurance (with Jeffrey Boles and Yevgeniy Davydov) Invited Seminar Presentation Munich Risk and Insurance Center, Ludwig Maximilians University Munich, Germany Demand for Catastrophe Insurance and the Representative Heuristic (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) Annual Conference of the German Insurance Science Association Stuttgart, Germany CEO Overconfidence, Litigation Risk, and the Demand for Directors and Officers Insurance (with Jeffrey Boles and Yevgeniy Davydov) Invited Seminar Presentation Center for Insurance Research, Department of Risk Management/Insurance, Real Estate, & Legal Studies, Florida State University CEO Overconfidence and the Demand for Directors and Officers Insurance (with Jeffry Boles and Yevgeniy Davydov) Western Risk and Insurance Association Annual Meeting, Napa, CA Demand for Catastrophe Insurance and the Representative Heuristic (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) American Risk and Insurance Association Annual Meeting, Washington DC Demand for Catastrophe Insurance and the Representative Heuristic (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) Asia-Pacific Risk and Insurance Association Annual Meeting, NYC Peer Envy: Measurement and Impact on Retirement Investment Decisions (with Jeffrey Boles) Western Risk and Insurance Association Annual Meeting, Las Vegas, NV Demand for Catastrophe Insurance (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) CEAR/MRIC Behavioral Insurance Workshop Ludwig Maximilians University, Munich, Germany Financial Management Association Annual Meeting, Atlanta, GA Demand for Catastrophe Insurance (with Randy E. Dumm, David L. Eckles, and Chuck Nyce) DFG-NSF Research Conference on Reckoning with the Risk of Catastrophe, Washington DC European Group of Risk and Insurance Economists Annual Meeting, Palma de Mallorca, Spain Page 4 of 10

5 August 2012 April 2012 March 2012 (invited) February 2012 January 2012 December 2011 September 2011 August 2011 December 2010 (invited) October 2010 July 2010 June 2010 (invited) January 2010 May 2010 American Risk and Insurance Association Annual Meeting, Minneapolis, MN Risk Theory Society Seminar, Tallahassee, FL Invited Seminar Presentation Actuarial Science, Insurance, and Risk Management Department University of Wisconsin-Madison Center for the Economic Analysis of Risk (CEAR) Workshop on Behavioral Risk Management, Georgia State University, Atlanta, GA Western Risk and Insurance Association Annual Meeting, Hawaii MRIC Behavioral Insurance Workshop Ludwig Maximilians University, Munich, Germany The Risk of Ever-Growing Disaster Relief Expectations (with Erwann Michel-Kerjan) NBER Insurance Project Workshop, Boston, MA The Risk of Ever-Growing Disaster Relief Expectations (with Erwann Michel-Kerjan) American Risk and Insurance Association Annual Meeting, San Diego, CA Representativeness and the Demand for Catastrophe Insurance Invited Seminar Presentation: Rosen-Huebner-McCahon Seminar Series Insurance & Risk Management Department, The Wharton School, UPenn Representativeness and the Demand for Catastrophe Insurance Financial Management Association Annual Meeting, New York City Representativeness and the Demand for Catastrophe Insurance World Risk and Insurance Economics Congress (WRIEC), Singapore Representativeness and the Demand for Catastrophe Insurance Invited Seminar Presentation Risk, Insurance, and Healthcare Management Department, Temple University Representativeness and the Demand for Catastrophe Insurance Western Risk and Insurance Association Annual Meeting, Napa, CA Regret, Pride, and the Disposition Effect (with Alexander Muermann) Triple Crown Conference, New York City Page 5 of 10

6 August 2008 March 2008 Regret, Procrastination and Defaults in Defined Contribution Pension Plans American Risk and Insurance Association Annual Meeting, Portland, Oregon Regret, Procrastination and Defaults in Defined Contribution Pension Plans CBA Seminar Series, Fordham University, Bronx, NY 2007 Invited: Fordham University (Finance), St. Joseph s University, Fordham University (Economics), Queens College (CUNY), Temple University, University of Delaware Other: Fordham CBA Honors Thesis Class, Wharton Doctoral Research Group (IRM) 2006 Envy and Portfolio Allocation in Defined Contribution Pension Plans American Risk and Insurance Association Annual Meeting, Washington DC Invited University Presentations: Syracuse University Other University Presentations: Wharton (Rosen-Huebner-McCahon Seminar Series, IRM), Wharton Doctoral Research Group (IRM), Wharton Risk Management and Decision Processes Center, Wharton Business and Public Policy Department Workshop 2005 Wharton Doctoral Research Group (IRM) 2004 Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes (with Alexander Muermann and Olivia S. Mitchell) American Economic Association Annual Conference, San Diego, CA 2003 Wharton Doctoral Research Group (IRM) Other Invited Lectures and Presentations 2012 Behavioral Finance & Retirement Planning, Fordham University, December CFO Alliance Roundtable Presentation on Behavioral Finance, New York City, March Conference Paper Discussions 2013 American Risk and Insurance Association 2012 American Risk and Insurance Association Financial Management Association Munich Behavioral Insurance Workshop 2011 American Risk and Insurance Association (3 papers discussed) 2010 American Risk and Insurance Association (as part of WRIEC) 2009 Financial Management Association 2008 American Risk and Insurance Association Financial Management Association (2 papers discussed) 2007 Financial Management Association 2006 American Risk and Insurance Association Page 6 of 10

7 Conference Session Chair 2014 Western Risk and Insurance Association 2013 Western Risk and Insurance Association 2008 American Risk and Insurance Association Financial Management Association (Chaired 2 sessions) Conference/Association Committees Member, ARIA Computer User Committee 2014 Member, Program Committee, ARIA Annual Meeting 2014 Member, Bob Hedges Undergraduate Student Award Committee, ARIA 2014 Member, Hagan Family Foundation Travel Award Committee, ARIA 2013 Member, Program Committee, ARIA Annual Meeting 2013 Member, Witt Award Committee, ARIA (for best paper published in Journal of Risk and Insurance) 2012 Member, Kulp-Wright Book Award Committee, ARIA 2012 Member, Risk Management and Insurance Review Best Feature Article Committee, ARIA 2012 Member, Bob Hedges Undergraduate Student Award Committee, ARIA 2011 Chair, Hagan Family Foundation Travel Award Committee, ARIA 2009 Member, Program Committee, American Risk and Insurance Association 2009 Member, Program Committee, Financial Management Association Invitation-Only Conference Attendance The following conferences can be attended by invitation only; Presentations were not made but conference was attended per invite Pension Research Council Conference 2013 Pension Research Council Conference 2012 NBER Universities Research Conference on Catastrophic Risk 2012 Pension Research Council Conference 2011 Pension Research Council Conference 2007 Pension Research Council Conference 2003 Pension Research Council Conference Journal Editorial Boards & Association Boards Editorial Board Member, Journal of Business & Financial Affairs Board Member, Western Risk and Insurance Association Journal Ad-Hoc Referee Management Science Journal of Risk and Insurance Journal of Risk and Uncertainty Insurance: Mathematics & Economics Risk Management and Insurance Review Journal of Insurance Issues Journal of Behavioral Finance Theory and Decision Journal of Pension Economics and Finance Quantitative Finance Page 7 of 10

8 Association Membership American Risk and Insurance Association (ARIA), Risk Theory Society (RTS), Western Risk and Insurance Association (WRIA), Asia-Pacific Risk and Insurance Association (APRIA), European Group of Risk and Insurance Economists (EGRIE), Financial Management Association (FMA), American Economic Association (AEA), American Finance Association (AFA) TEACHING Temple University RMI 2901: Honors Introduction to Risk Management, 2011 present Instructor Rating: 4.4/5.0 (Fall 2011) 4.8/5.0 (Fall 2012) 4.5/5.0 (Fall 2013) RMI 3503: Retirement Plans, 2011 present Instructor Rating: 4.4/5.0 (Fall 2011) 4.6/5.0 (Spring 2012 & Fall 2012) 4.8/5.0 (Spring 2013 & Fall 2013) 4.9/5.0 (Spring 2014) Fordham University Honors Financial Management, Development of Course for the first cohort of the GSB Global Business Honors Program Instructor Rating: 4.44/5.00 Investments and Security Analysis, Instructor Rating: 4.60/5.00 Financial Management, Spring 2011 Development of Course for first cohort of the GSB Integrated Core Program University of Pennsylvania Risk Management (INSR 201), The Wharton School, Teaching Assistant, Penn State University Environmental Economics (ECON 480), Grader/TA, 2002 Introductory Microeconomic Analysis and Policy, Grader/TA, 2001 State College High School Geometry, Volunteer Tutor, Page 8 of 10

9 UNIVERSITY SERVICE Temple University University Level 2012 present Faculty Senate Library Committee, Member Fox School of Business Fox Honors Faculty ipad Working Group, Member Steering Committee, Collegial Assembly (CAFSBM), Member Reader, Fox Honors Undergraduate Thesis Student: Justin LoPiccolo (graduated May 2013) RIHM Department 2013 present RIHM Sub-Committee for Fox Research Roundtable 2011 present RIHM Faculty Hiring Committee, Member Other Service Fall 2013 Guest Lecture in RMI 3567: International Risk Management 2011 present Guest Lecture in RMI 9090: PhD Pro-seminar (every Fall semester) 2011 present Faculty Representation, H. Wayne Snider Distinguished Guest Lectures Fordham University Committees Honors Program Committee, Gabelli School of Business Freshmen Enrichment Program, Gabelli School of Business Core Course Co-coordinator (with M. Waisman), Financial Management Part of GSB Undergraduate Business Core Curriculum Task Force Service March 2011 Study Tour to Santiago, Chile (Global Business Honors Program) Development of New Course & Integrated Project, Integrated Core Program April 2010 Mock Lecture for Accepted Students, GSB March 2010 Study Tour to Beijing, China (Global Business Honors Program) March 2010 Fordham Founders Scholar Faculty Representative GSB Senior & Fordham Founder Scholar Patrick Duffy Development of New Course, Honors Financial Management May 2009 Study Tour to Buenos Aires, Argentina (Global Business Honors Program) 2008 & 2009 GSB Honors Thesis Faculty Panel Discussion Advising Fall 2009 Honors Thesis Advisor, GSB Senior Anthony DePietro Honors Thesis Advisor, GSB Senior Sean Wise Page 9 of 10

10 OTHER ACTIVITIES & MEMBERSHIPS New York Road Runners (NYRR) 2002 present Penn State Alumni Association 2000 present Golden Key National Honor Society 1998 present Phi Eta Sigma Honor Society 1998 present National Society of Collegiate Scholars Page 10 of 10