Portrait image for Bradford Cornell

Bradford Cornell

Professor Emeritus, Finance
(310) 825-2922
Areas of Expertise:
  • Finance
  • Financial Economics
About
 

Biography

Professor Brad Cornell has been involved in a number of challenging assignments that involve the application of finance theory. He was appointed by AT&T to be their cost of capital expert for the company’s entry into the local telephone business nationwide. He also was asked to serve as the valuation expert for the California Office of Ratepayer Advocates regarding the proposed merger of Pacific Telesis and SBC Communication.

Cornell’s research applies financial economic models of incomplete information to the problem of ethnic discrimination. He has published several articles and is finishing a book on this topic.

Education

Ph.D. Financial Economics, 1975, Stanford University

M.S. Statistics, 1974, Stanford University

B.A. Physics, 1970, Stanford University

 

Published Papers

Brad Cornell and A.E. Bernardo. (1996). The Valuation of Complex Derivatives by Major Investment Firms: Empirical Evidence. Journal of Finance,

Brad Cornell and I. Welch. (June 1996). Culture, Information and Screening Discrimination. Journal of Political Economy,

Brad Cornell, Francis Longstaff, and Eduardo Schwartz. (1996). Throwing Good Money After Bad? Cash Infusions and Distressed Real Estate. Journal of the American Real Estate and Urban Economics Association24: 23-41.

Brad Cornell. (1995). An Hypothesis Regarding the Origins of Ethnic Discrimination. Rationality and Society7 (January): 4-29.