VITA RICHARD J. RENDLEMAN, JR. University of North Carolina, Chapel Hill, North Carolina, Ph.D. in Business Administration, 1976.

Transcription

1 VITA RICHARD J. RENDLEMAN, JR. Professor Emeritus Kenan-Flagler Business School University of North Carolina Chapel Hill, NC (919) EDUCATION University of North Carolina, Chapel Hill, North Carolina, Ph.D. in Business Administration, Duke University, Durham, North Carolina, A.B. in Accounting, ACADEMIC POSITIONS Visiting Professor, Tuck School of Business at Dartmouth, 2006, Visiting Professor, International MBA Program, Helsinki School of Economics, summer 2006, spring Professor of Finance, University of North Carolina, Kenan-Flagler Business School, 1987-July Associate Professor of Finance, University of North Carolina, Graduate School of Business, 1983 to Associate Professor of Finance, Duke University, Fuqua School of Business, 1980 to Visiting Professor of Finance, DePaul University, Graduate School of Business, 1979 to Assistant Professor of Finance, Northwestern University, Graduate School of Management, 1976 to AWARDS Kenan-Flagler Alumni Merit Award for the Distinguished Alumnus of the UNC Ph.D. Program, November Henry A. Latane' Award for the Distinguished Alumnus of the UNC Ph.D. Program, May Best Paper Award, Financial Accounting and Reporting Section of the American Accounting Association (2000), "Option Pricing-Based Bond Value Estimates and a Fundamental

2 Components Approach to Account for Corporate Debt," (with Mary Barth and Wayne Landsman), The Accounting Review (January 1998). PUBLICATIONS Are the Official World Golf Rankings Biased (with Mark Broadie), third round review, Journal of Quantitative Statistics in Sports, May What it Takes to Win on the PGA Tour (If Your Name is Tiger or if it isn t) (with Robert Connolly), Interfaces, December Tournament Selection Efficiency: An Analysis of the PGA TOUR's FedExCup (with Robert Connolly), Journal of Quantitative Statistics in Sports, November Going for the Green: A Simulation Study of Qualifying Success Probabilities in Professional Golf (with Robert Connolly), Journal of Quantitative Statistics in Sports, Dominance, Intimidation and `Choking on the PGA Tour (with Robert Connolly), Journal of Quantitative Statistics in Sports, A Model for Valuing Multiple Employee Stock Options Issued by the Same Company, (with Patrick Dennis), The Journal of Derivatives, Fall Skill, Luck and Streaky Play on the PGA Tour, (with Robert Connolly), Journal of the American Statistical Association, March Treasury Bond and Note Futures: How the Delivery Option Affects the Contract s Pricing and Hedging Characteristics, The Journal of Fixed Income, September A General Model for Hedging Swaps with Eurodollar Futures, The Journal of Fixed Income, June Interpolating the Term Structure from Par Yield and Swap Curves, The Journal of Fixed Income, March Covered Call Writing from an Expected Utility Perspective, The Journal of Derivatives, Spring "Implementation of an Option-Pricing Based Valuation Model for Corporate Debt and its Components" (With Mary Barth and Wayne Landsman), Accounting Horizons, December First Derivatives National Bank: A Case Problem in the Management of Interest Rate Risk, The Journal of Risk, 1999 (volume 1, no. 3)

3 3 Duration-Based Hedging with Treasury Bond Futures, The Journal of Fixed Income, June Option Investing from a Risk-Return Perspective, The Journal of Portfolio Management, May "Option Pricing-Based Bond Value Estimates and a Fundamental Components Approach to Account for Corporate Debt," (with Mary Barth and Wayne Landsman), The Accounting Review, January 1998, winner of Best Paper Award, American Accounting Association, Financial Accounting and Reporting Section, "An LP Approach to Synthetic Option Replication with Transaction Costs and Multiple Security Selection," (with Patrick Dennis) Advances in Futures and Options Research, JAI Press, An LP Approach to Option Portfolio Selection," Advances in Futures and Options Research, JAI Pres, "How Risks are Shared in Interest Rate Swaps," Journal of Financial Services Research, Volume 7, No. 1 (1993). "Share and Share Unlike," Risk, February "A Reconciliation of Potentially Conflicting Approaches to Hedging with Futures," Advances in Futures and Options Research, Edited by Donald Chance and Robert Trippi, Volume 6, "How to Avoid Getting Taken in Listed Options," (with Richard McEnally) AAII Journal (American Institute of Individual Investors), February 1990, reprinted in Robert W. Kolb, The Investment Reader, Kolb Publishing Company, Miami, Florida, 1991 and Stephen Lofthouse, Readings in Investments, John Wiley and Sons, Chichester, West Sussex, England. "Volatility Misestimation in Option Replication Portfolio Insurance," (with Tom O'Brien), Financial Analysts Journal, May/June "Assessing the Costs of Portfolio Insurance," (with Richard McEnally), The Financial Analysts Journal, May/June 1987, reprinted in: CFA Readings in Derivative Securities, The Institute of Chartered Financial Analysts; CFA LEVEL III Study Guide, 1988; Robert W. Kolb, The Financial Derivatives Reader, Kolb Publishing Company, "A Test of Market Efficiency in Government Bonds," (with Robert M. Conroy), The Journal of Portfolio Management, Summer "Further Insight Into the SUE Effect: Size and Serial Correlations Effects," (with Charles P. Jones and Henry Latané), The Financial Review, February 1987.

4 4 "Portfolio Insurance: Is It Worth the Cost?," (with Richard McEnally) AAII Journal (American Institute of Individual Investors), September 1987, Volume IX, Number 8. "Assessing the Costs of Portfolio Insurance," (with Richard McEnally) Reply to Rubinstein, The Financial Analysts Journal, November/December "Commentary on the Effects of Stock Index Futures Trading on the Market for Underlying Stocks," Review of Research in Futures Markets, Vol. 5, No. 3, "Earnings Announcements: Pre and Post-Responses," The Journal of Portfolio Management, Spring 1985, abstracted in The CFA Digest, Fall "Stock Returns and SUEs During the 1970's," (with Charles P. Jones and Henry Latané), The Journal of Portfolio Management, Winter "Pricing Commodities When Both Price and Output are Uncertain," (with Robert M. Conroy), The Journal of Futures Markets, Winter "Commentary on the Relationship Between Futures and Cash Prices for U.S. Treasury Bonds," (by Bruce Resnick and Elizabeth Hennigar), Review of Research in Future Markets, Volume 2, No. 3, "Empirical Anomalies Based on Unexpected Earnings and the Importance of Risk Adjustments," (with Charles P. Jones and Henry A. Latané), Journal of Financial Economics, November "Option Prices as Predictors of Equilibrium Stock Prices," (with Steven Manaster), The Journal of Finance, September "The Pricing of Options on Debt Securities," (with Brit J. Bartter), Journal of Financial and Quantitative Analysis, March "Optimal Long Run Option Investment Strategies," Financial Management, Spring "Two-State Option Pricing," (with Brit J. Bartter), The Journal of Finance, December 1979, reprinted in: Chen Few Lee, Financial Analysis and Planning: Theory and Application, A Book of Readings, Addison-Wesley; Robert W. Kolb, The Financial Derivatives Reader, Kolb Publishing Company, "The Efficiency of the Treasury Bill Futures Market," (with Christopher E. Carabini), The Journal of Finance, September 1979, reprinted in Gerald D. Gay and Robert W. Kolb, Interest Rate Futures: Concepts and Issues, Robert F. Dame, Inc. and Readings in Financial Markets, Vol. V: Selected Writings on Future Markets: Explorations in Financial Futures, The Chicago Board of Trade, 1985.

5 5 "Fee-Based Pricing of Fixed Rate Bank Loan Commitments," (with Brit J. Bartter), Financial Management, Spring "Ranking Errors in CAPM Capital Budgeting Applications," Financial Management, Winter "The Effects of Default Risk on the Firm's Investment and Financing Decisions," Financial Management, Spring 1978, reprinted in Chen Few Lee, Financial Analysis and Planning: Theory and Application, A Book of Readings, Addison-Wesley, "Standard Deviations of Stock Price Ratios Implied in Option Prices," The Journal of Finance, May 1976 (with Henry A. Latané), reprinted in: CFA Readings in Derivative Securities, The Institute of Chartered Financial Analysts, 1988; Robert W. Kolb, The Financial Derivatives Reader, Kolb Publishing Company, WORK IN PROGRESS "Winning and Luck on the PGA Tour" (with Mark Broadie). "When Superstars Compete: New Evidence They Might Not Be So Super After All" (with Robert Connolly) "The Paradox of Skill: Lessons from Golf" "Luck and Disaster on the PGA Tour: Premonitions and After-Shocks" (with Kent Womack) BOOK Applied Derivatives: Options Futures and Swaps, Blackwell Publishers, RECENT PRESENTATIONS IFORS (2017), Informs (2009, 2010, 2011), Duke University (2011), University of North Carolina (July 2008, November 2013), Dartmouth College (Applied Statistics Seminar, May 2008), University of Connecticut (October 2006).