Philip H. Dybvig

Washington University in St. Louis - John M. Olin Business School

Professor

One Brookings Drive

Campus Box 1133

St. Louis, MO 63130-4899

United States

  • Washington University in St. Louis - John M. Olin Business School

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 8,933

SSRN RANKINGS

Top 8,933

in Total Papers Downloads

10,878

TOTAL CITATIONS
Rank 8,719

SSRN RANKINGS

Top 8,719

in Total Papers Citations

112

Scholarly Papers (21)

Actions:
Email selected abstracts
1.

Tobin's q Does Not Measure Firm Performance: Theory, Empirics, and Alternatives

Number of pages: 39 Posted: 03 Mar 2010 Last Revised: 06 Mar 2015
Philip H. Dybvig and Mitch Warachka
Washington University in St. Louis - John M. Olin Business School and Chapman University - The George L. Argyros College of Business and Economics
Downloads 5,118 (3,843)
Citation 27

Abstract:

Loading...

Firm Performance, Corporate Governance, Tobin's q, Operating Efficiency

2.

Debt and Equity

Number of pages: 52 Posted: 30 Sep 2002
Philip H. Dybvig and Yu Wang
Washington University in St. Louis - John M. Olin Business School and Boston University - Department of Finance & Economics
Downloads 1,711 (22,518)
Citation 4

Abstract:

Loading...

3.

Mean-Variance Portfolio Rebalancing with Transaction Costs

Number of pages: 50 Posted: 16 May 2019 Last Revised: 09 Dec 2020
Philip H. Dybvig and Luca Pezzo
Washington University in St. Louis - John M. Olin Business School and University of New Orleans
Downloads 830 (64,190)
Citation 3

Abstract:

Loading...

Transaction Costs, Mean-Variance, Optimization, Asset Allocation, Price Pressure

4.

Lifetime Consumption and Investment: Retirement and Constrained Borrowing

Journal of Economic Theory, Forthcoming, AFA 2005 Philadelphia Meetings Paper
Number of pages: 33 Posted: 13 Jan 2005 Last Revised: 10 Apr 2010
Hong Liu and Philip H. Dybvig
Washington University in St. Louis - Olin Business School and Washington University in St. Louis - John M. Olin Business School
Downloads 547 (109,819)
Citation 40

Abstract:

Loading...

Voluntary Retirement, Mandatory Retirement, Investment, Consumption

5.

Portfolio Performance and Agency

Downloads 407 (156,429)
Citation 2

Portfolio Performance and Agency

NYU Working Paper No. S-AM-99-01
Number of pages: 32 Posted: 13 Nov 2008
Philip H. Dybvig, Heber Farnsworth and Jennifer N. Carpenter
Washington University in St. Louis - John M. Olin Business School, Rice University and New York University (NYU) - Department of Finance
Downloads 219 (298,358)

Abstract:

Loading...

Portfolio Performance and Agency

NYU Working Paper No. SC-AM-04-03
Number of pages: 26 Posted: 04 Nov 2008
Philip H. Dybvig, Heber Farnsworth and Jennifer N. Carpenter
Washington University in St. Louis - John M. Olin Business School, Rice University and New York University (NYU) - Department of Finance
Downloads 76 (690,793)

Abstract:

Loading...

Portfolio Performance and Agency

NYU Working Paper No. FIN-99-046
Number of pages: 31 Posted: 11 Nov 2008
Heber Farnsworth, Philip H. Dybvig and Jennifer N. Carpenter
Rice University, Washington University in St. Louis - John M. Olin Business School and New York University (NYU) - Department of Finance
Downloads 61 (780,758)

Abstract:

Loading...

Portfolio Performance and Agency

NYU Working Paper No. FIN-03-031
Number of pages: 26 Posted: 11 Nov 2008
Philip H. Dybvig, Heber Farnsworth and Jennifer N. Carpenter
Washington University in St. Louis - John M. Olin Business School, Rice University and New York University (NYU) - Department of Finance
Downloads 51 (855,154)
Citation 2

Abstract:

Loading...

Portfolio Performance and Agency

The Review of Financial Studies, Vol. 23, Issue 1, pp. 1-23, 2009
Posted: 25 Jan 2010
Philip H. Dybvig, Heber Farnsworth and Jennifer N. Carpenter
Washington University in St. Louis - John M. Olin Business School, Rice University and New York University (NYU) - Department of Finance

Abstract:

Loading...

D82, G11

6.

Renegotiation-Proof Contracting, Disclosure, and Incentives for Efficient Investment

AFA 2006 Boston Meetings
Number of pages: 34 Posted: 03 Feb 2005
Nina Baranchuk, Jun Yang and Philip H. Dybvig
University of Texas at Dallas - Naveen Jindal School of Management, Indiana University - Kelley School of Business - Department of Finance and Washington University in St. Louis - John M. Olin Business School
Downloads 398 (160,410)
Citation 1

Abstract:

Loading...

Investment efficiency, compensation disclosure, earnings forecasts, optimal contracting, renegotiation-proofness

7.

Bias of Damage Awards and Free Options in Securities Litigation

Number of pages: 31 Posted: 07 Sep 2000
Philip H. Dybvig, Ning Gong and Rachel Schwartz
Washington University in St. Louis - John M. Olin Business School, Deakin University and affiliation not provided to SSRN
Downloads 354 (182,785)

Abstract:

Loading...

Damages awards, securities litigation, free option

8.

That Is Not My Dog: Why Doesn't The Log Dividend-Price Ratio Seem To Predict Future Log Returns or Log Dividend Growths?

SFS Cavalcade Asia-Pacific 2017 Annual Meeting (Beijing), AFA 2019 Annual Meeting (Atlanta)
Number of pages: 40 Posted: 18 Apr 2018 Last Revised: 12 Aug 2022
Philip H. Dybvig and Huacheng Zhang
Washington University in St. Louis - John M. Olin Business School and University of Edinburgh Business School
Downloads 330 (197,226)
Citation 8

Abstract:

Loading...

Return predictability, dividend-price ratio, unit root test, nonsense correlation, trend

9.

Consensus in Diverse Corporate Boards

Downloads 264 (249,420)
Citation 17

Consensus in Diverse Corporate Boards

Number of pages: 40 Posted: 16 Mar 2006
Nina Baranchuk and Philip H. Dybvig
University of Texas at Dallas - Naveen Jindal School of Management and Washington University in St. Louis - John M. Olin Business School
Downloads 264 (247,739)
Citation 17

Abstract:

Loading...

board of directors, consensus, Nash bargaining

Consensus in Diverse Corporate Boards

The Review of Financial Studies, Vol. 22, Issue 2, pp. 715-747, 2009
Posted: 25 Jan 2009
Nina Baranchuk and Philip H. Dybvig
University of Texas at Dallas - Naveen Jindal School of Management and Washington University in St. Louis - John M. Olin Business School

Abstract:

Loading...

G30, D71, D72, C78

10.

How to Squander Your Endowment: Pitfalls and Remedies

Number of pages: 43 Posted: 11 Oct 2021 Last Revised: 03 Nov 2021
Philip H. Dybvig and Zhenjiang Qin
Washington University in St. Louis - John M. Olin Business School and University of Macau
Downloads 222 (295,937)
Citation 3

Abstract:

Loading...

University endowment; Spending; Capital preservation; Destroying capital; Moving average; Smooth spending; Smooth consumption; Permanent contribution

11.

Optimal Casualty Insurance and Repair in the Presence of a Securities Market

Number of pages: 32 Posted: 16 Feb 2009 Last Revised: 30 Nov 2013
An Chen and Philip H. Dybvig
Ulm University - Institute of Insurance Science and Washington University in St. Louis - John M. Olin Business School
Downloads 209 (313,475)
Citation 1

Abstract:

Loading...

optimal casualty insurance, optimal regulation

12.

On Investor Preferences and Mutual Fund Separation

Journal of Economic Theory, Vol. 174, 2018
Number of pages: 49 Posted: 25 Nov 2014 Last Revised: 13 Nov 2018
Philip H. Dybvig and Fang Liu
Washington University in St. Louis - John M. Olin Business School and Cornell University
Downloads 155 (409,820)
Citation 2

Abstract:

Loading...

mutual fund separation; investor preference; money separation; inverse marginal utility.

13.

Increases in Risk Aversion and the Distribution of Portfolio Payoffs

Journal of Economic Theory, Vol. 147, No. 1222-1246, 2012
Number of pages: 47 Posted: 14 Dec 2009 Last Revised: 13 Apr 2014
Philip H. Dybvig and Yajun Wang
Washington University in St. Louis - John M. Olin Business School and City University of NY, Baruch College, Zicklin School of Business
Downloads 147 (428,061)
Citation 3

Abstract:

Loading...

risk aversion, portfolio theory, stochastic dominance, complete markets, two-fund separation

14.

The Fallacy of Large Numbers

Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005
Number of pages: 8 Posted: 14 Jun 2006
Philip H. Dybvig
Washington University in St. Louis - John M. Olin Business School
Downloads 117 (512,768)

Abstract:

Loading...

15.

Hedging in Isolation: Trick or Trap?

Number of pages: 37 Posted: 03 Jul 2024
Shu Li and Philip H. Dybvig
affiliation not provided to SSRN and Washington University in St. Louis - John M. Olin Business School
Downloads 36 (969,943)

Abstract:

Loading...

Risk Management, Hedging, Nontraded Wealth, Residual Risk

16.

Approximate Utility

Number of pages: 13 Posted: 03 Jul 2024
Shu Li and Philip H. Dybvig
affiliation not provided to SSRN and Washington University in St. Louis - John M. Olin Business School
Downloads 33 (1,000,935)

Abstract:

Loading...

Approximate Utility, Properness, von Neumann-Morgenstern, Quadratic Utility

17.

The Cost and Duration of Cash-Balance Pension Plans

Posted: 11 Feb 2002
David T. Brown, Philip H. Dybvig and William J. Marshall
University of Florida - Department of Finance, Insurance and Real Estate, Washington University in St. Louis - John M. Olin Business School and NISA Investment Advisors, L.L.C.

Abstract:

Loading...

18.

Portfolio Turnpikes

Posted: 09 Sep 1998
Philip H. Dybvig, L. C. G. Rogers and Kerry Back
Washington University in St. Louis - John M. Olin Business School, University of Cambridge - Centre for Mathematical Sciences and Rice University - Jesse H. Jones Graduate School of Business

Abstract:

Loading...

19.

Long Forward and Zero-Coupon Rates Can Never Fall

Posted: 22 Aug 1998
Philip H. Dybvig, Jonathan E. Ingersoll and Stephen A. Ross
Washington University in St. Louis - John M. Olin Business School, Yale School of Management - International Center for Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

20.

Empty Promises and Arbitrage

Downloads 0 (1,338,298)

Empty Promises and Arbitrage

Posted: 18 Dec 1996
Gregory A. Willard and Philip H. Dybvig
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Washington University in St. Louis - John M. Olin Business School

Abstract:

Loading...

Empty Promises and Arbitrage

Posted: 21 May 1999
Gregory A. Willard and Philip H. Dybvig
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Washington University in St. Louis - John M. Olin Business School

Abstract:

Loading...

21.

Recovery of Preferences from Observed Wealth in a Single Realization

REVIEW OF FINANCIAL STUDIES, Vol. 10, No. 1
Posted: 25 Nov 1996
Philip H. Dybvig and L. C. G. Rogers
Washington University in St. Louis - John M. Olin Business School and University of Cambridge - Centre for Mathematical Sciences

Abstract:

Loading...