Anat Admati

Admati was born in Israel.[1][5] She obtained her BSc from Hebrew University of Jerusalem and her PhD from Yale University in operations research and management science.[2][6][7] After graduating with her PhD, she took a job as Assistant Professor at Stanford Graduate School of Business becoming full Professor in 1992. In 2015, she was a Henry Kaufmann Visiting Professor of Business at Stern School of Business.[8] And in 2017-2018, she was a visiting scholar at the IMF.[8] She is currently the Faculty director of the Corporations and Society Initiative at Stanford University.[9]

Her research focuses on dissemination in financial markets, financial contracting, portfolio management, corporate governance and banking. Her paper "A Theory of Intraday Patterns: Volume and Price Variability", joint with Paul Pfleiderer, has been cited 4000 times according to IDEAS.[10] The paper shows how liquidity traders and informed traders influence the price of assets. It helps explain the patterns of "volume and price variability in intraday transaction data".[11]

Her research has been quoted in news media including Bloomberg,[12] NPR,[13] Forbes,[14] The New York Times,[15] The Financial Times,[16] The Guardian,[17] Time Magazine,[18] CNN,[19] The Independent,[20] CNBC,[21] The Economist,[22] The Wall Street Journal,[23] and the Washington Post.[24] A recent New York Times article about professor Admati was titled "When She Talks, Banks Shudder"[25] and another article about her was titled "This Stanford Economist Has Obama's Attention — And It's Causing A Wall Street Freak-Out",[26] following the publication of her book "The Bankers' New Clothes". The book was nominated by the Financial Times in their Books of the year prize.[27]

She has won an Alfred A. Sloan Research Fellowship[28] and she is a Fellow of the Econometric Society.[29] According to IDEAS, she is the 63rd most influential woman economist[30] and she is among the 1000 most cited economists.[31] In 2014, she received an honorary doctorate from the University of Zurich.[32] In 2015, she was named by Prospect on its list of 50 world thinkers.[33]

She was an advisor to the TV series Silicon Valley, and made a cameo appearance in its final episode.[34]

• Admati, Anat R. (2013) and Hellwig, Martin F. . The bankers' new clothes : what's wrong with banking and what to do about it. Hellwig, Martin F. Princeton: Princeton University Press.[35]
• Admati, Anat R.; Pfleiderer, Paul (1988-01-01). "A Theory of Intraday Patterns: Volume and Price Variability". The Review of Financial Studies. 1 (1): 3–40.[11]
• Admati, Anat R. (1991-10-01). "The informational role of prices: A review essay". Journal of Monetary Economics. 28 (2): 347–361.[36]
• Admati, Anat R.; Pfleiderer, Paul (2000-07-01). "Forcing Firms to Talk: Financial Disclosure Regulation and Externalities". The Review of Financial Studies. 13 (3): 479–519.[37]
• Admati, Anat R.; Pfleiderer, Paul; Zechner, Josef (1994-12-01). "Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium". Journal of Political Economy. 102 (6): 1097–1130.[38]