Rate My Professor Werner DeBondt

Werner F.M. De Bondt is a Professor Emeritus in the Department of Finance and Real Estate within DePaul University's Driehaus College of Business, part of the Business & Economics faculty. Prior to assuming emeritus status in 2019, he served as Professor of Finance and was the founding director of the Richard H. Driehaus Center for Behavioral Finance. Recognized as one of the founders of behavioral finance, De Bondt's research specializations include behavioral finance, bounded rationality, wishful thinking, biased perceptions of risk, stock market overreaction, and the speculative dynamics of world financial markets. His scholarly contributions have appeared in prestigious journals such as the Journal of Finance, Financial Analysts Journal, American Economic Review, and European Economic Review, as well as in several edited books. He is a sought-after speaker for academics and investment professionals globally and has served on editorial boards of academic journals.

De Bondt holds a PhD in Business Administration (1985) and an MPA in Public Administration (1979), both from Cornell University; an MBA in Finance (1978) from the Catholic University of Louvain; and a BSE in Engineering (1976) from Universitaire Faculteiten Sint-Ignatius te Antwerpen. His distinguished career includes the Frank Graner Professorship of Investment Management at the University of Wisconsin-Madison from 1992 to 2003. Additionally, he has held faculty appointments at Erasmus University Rotterdam, University of Zurich, University of Neuchâtel, and University of Luxembourg. Fluent in Dutch, French, German, and English, De Bondt has significantly influenced the academic field through his pioneering work, notably co-authoring seminal papers such as “Does the Stock Market Overreact?” with Richard Thaler in the Journal of Finance (1985) and “Do Security Analysts Overreact?” in the American Economic Review (1990). He has edited key volumes including Financial Accounting and Investment Management (2009), The Psychology of World Equity Markets (2005), and Earnings Forecasts and Share Price Reversals (1992).