Faculty Profile

Mark Loewenstein Associate Professor Ph.D., Columbia University 4469 Van Munching Hall Phone: 301-405-2063 E-mail: mloewens@rhsmith.umd.edu

Professor Loewenstein's research interests include asset pricing, portfolio selection, and employee compensation valuation and design. His recent work focuses on asset pricing when there are limits to arbitrage, portfolio selection when investors face transactions costs, and valuation of employee stock options. His work has appeared in the Journal of Finance, Review of Financial Studies, the Journal of Economic Theory and elsewhere.