
Faculty & Research
Faculty Research in UCLA Anderson Review

When Younger Investors Overreact to News, Others Feel It
Inexperienced investors, lacking historical context, impact markets

How an Excess of Stock Analyst Optimism Lands on Companies Least Deserving of It
Results of financially weak firms are difficult to forecast; in uncertainty, Mark Grinblatt finds, Wall Street’s views are overly generous

How Tech's Disruption Alters Investors' Appetite for Risk
New technology’s upending of the old creates demand for alternative assets to offset risk
Faculty Research Grants
Meet the recipients of 2020-2021 grant cycle.




Jennifer Kao is an assistant professor at the UCLA Anderson School of Management. She co-teaches business strategy to MBA students. Her research interests are in the economics of innovation and science, firm strategy and health care.
Her work seeks to understand how information and regulation shape firms’ incentives to innovate. For example, a recent project explores how publicly available scientific information shapes the rate, direction and profitability of innovation in the pharmaceutical industry. Other projects examine how drug approval regulation shapes firms’ market entry strategies.
Kao received her Ph.D. in public policy from Harvard, where she was a National Bureau of Economic Research Predoctoral Fellow in the Economics of Health and Aging and the International Network on the Value of Medical Research. She holds a B.S. in business administration from UC Berkeley and M.Sc. in economics from the London School of Economics.



Conference on Financial Markets

Held annually, the Conference on Financial Markets features high-quality academic research relating to financial markets, and includes participation from leading practitioners at the intersection of research and practice. Papers are invited for submission on the broad theme of financial markets.
World-Class Faculty

Antonio Bernardo
“I think one of the huge advantages of coming to a place like UCLA to get your MBA is that you are exposed to people who are really on the frontiers of finance.”

Eduardo Schwartz
“My hope is that students in my class will learn how to think… If they learn the process of thinking about these problems, they will be able to come and see them and solve them again.”

Mark Grinblatt
"I've been here since 1981, and I've been very happy. It's been a fantastic finance group, and I've had many wonderful colleagues here."

Ivo Welch
"Learning doesn't end just here at Anderson, it's the students' entire lives."

Bhagwan Chowdhry
"Do the stuff you are most afraid of, take the hardest classes. This is your chance to be creative without worrying about getting fired."

Mark Garmaise
"I also want students to come away with a sense that people are not just calculating machines, the models only go so far."

Bruce Carlin
"I was a professor of surgery at Wash U when I did my MBA. I loved Finance so much that I decided to make a career change."

Barney Hartman-Glaser
"We're going to teach you lots of tools...internalize what those tools allow you to do in terms of thinking critically about the world."