Edward D. Van Wesep

  • Raymond and Dorothy Joyce Endowed Chair in Entrepreneurial Finance
  • Professor
  • Chair of the Finance Division
  • FINANCE
 

Education

PhD, Economics, Stanford University, 2007
Advisor: B. Douglas Bernheim

BS, Applied Mathematics-Economics, Brown University, 2003
Magna cum laude
Omicron Delta Epsilon Departmental Honors

Biography

Ed Van Wesep is the Joyce Chair of Entrepreneurial Finance and Professor of Finance at the Leeds School of Business. He served as an Associate Professor at Vanderbilt University and an Assistant Professor at the University of North Carolina. Prior to entering academia, he spent time at McKinsey and Co. and Capital One and co-founded a specialty auto finance firm, Risk Allocation Systems. 

Research

Research Areas of Interest

  • Employee compensation
  • Labor and finance
  • Economic theory
  • Short selling

Selected Publications

  • Davies, Shaun, Edward Van Wesep, and Brian Waters (2024) “On the Magnification of Small Biases in Hiring” Journal of Finance 79 (5), pp. 3623-3674
  • Edward Van Wesep (2010) “Pay (Be)for(e) Performance: The Signing Bonus as an Incentive Device” Review of Financial Studies, 23 (10), pp. 3812-3848
  • Martel, Jordan, Edward Van Wesep, and Robert Van Wesep (2022) “Ratings and Cooperative Information Transmission” Management Science 68 (12), pp. 9175-9197
  • Van Wesep, Edward, and Brian Waters (2022) “Bonus Season: A Theory of Periodic Labor Markets and Coordinated Bonuses” Management Science 68 (7), pp. 5464- 5492
  • Parsons, Christopher, and Edward Van Wesep (2013) “The Timing of Pay” Journal of Financial Economics, 109 (2), pp. 373-397
  • Brogaard, Jonathan, Joey Engelberg, and Edward Van Wesep (2018) “Do Economists Swing for the Fences After Tenure?” Journal of Economic Perspectives 32 (1), pp. 179-194
  • Davies, Shaun, and Edward Van Wesep (2018) “The Unintended Consequences of Divestment” Journal of Financial Economics 128 (3), pp. 558-575
  • Aldatmaz, Serdar, Paige Ouimet and Edward Van Wesep (2018) “The Option to Quit: The Effect of Employee Stock Options on Turnover” Journal of Financial Economics, 127 (1), pp. 136-151
  • Van Wesep, Edward (2016) “The Quality of Expertise” Management Science, 62 (10), pp. 2937-2951
  • Dougal, Casey, Joey Engelberg, Christopher Parsons, and Edward Van Wesep (2015) “Anchoring on Credit Spreads” Journal of Finance, 70 (3), pp. 1039-1080

Working Papers

  • Martel, Jordan, Edward Van Wesep, and Brian Waters “Self-Fulfilling Illiquidity and Market Collapse with (Seemingly Irrelevant) Price Controls”
  • Martel, Jordan, Edward Van Wesep, and Brian Waters “Comparables Constrained Asset Prices”
  • Waters, Brian and Edward Van Wesep “The Sky’s the Limit: Asset Price Spirals When Margin Traders are All In”
  • Meer, Jonathan, and Edward Van Wesep “A Test of Confidence Enhanced Performance: Evidence from US College Debaters”
  • Cai, Ye, Merih Sevilir, Edward Van Wesep, and Sean Wang “Managerial Ownership and Employee Risk-Bearing”

Teaching

Professor Van Wesep teaches courses in managerial economics and corporate finance across undergraduate and graduate programs. He has designed his economics courses over 18 years, and this teaching has led to his forthcoming book, "Disequilibrium."

Service

  • Division Chair - Finance Division, Leeds School of Business, 2024–present
  • Board Member, Finance Theory Group, 2023–2025
  • Associate Editor, Journal of Corporate Finance, 2021–2023
  • Director, Financial Research Associations, 2018–2024
  • PhD Program Director, Finance Division, 2015–2021

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