Jeffrey Zwiebel

Professor, Finance
+1 (650) 723-2917

Jeffrey Zwiebel

The James C. Van Horne Professor of Finance

Academic Area:

Research Statement

Jeffrey Zwiebel’s research focuses on the fields of corporate finance, organizations, the theory of the firm, and microeconomic theory. Particular topics of research interest include financial contracting, bargaining theory, intra-firm bargaining, contract theory, organizational design, political and social belief formation, corporate governance, executive compensation, capital structure, mergers and acquisitions, corporate valuation, and the economics of sports.


Jeffrey Zwiebel is The James C. Van Horne Professor of Finance at Stanford Graduate School of Business. His research focuses on the fields of corporate finance, organizations, the theory of the firm, and microeconomic theory. Recent and ongoing research includes work on executive compensation, financial contracting, bargaining theory, mergers and acquisitions, persuasion bias in political and social belief formation and transmission, and the “hot-hand” in sports.

Jeff has taught MBA classes on Corporate Finance, Corporate Valuation, and Mergers and Acquisitions, and PhD classes on Corporate Finance Theory. He has been a national fellow at the Hoover Institution and has received an Alfred P. Sloan Research Fellowship. Jeff received his PhD in economics at MIT. He received an AB in economics (with highest honors) at Princeton, where he also received the Halbert White ’72 Prize for the outstanding student in the economics department, and the Wolf Balleisen Prize for the outstanding senior thesis in economics.

Academic Degrees

  • PhD, Massachusetts Institute of Technology, 1991
  • AB, Princeton University, 1987

Academic Appointments

  • At Stanford University since 1991
  • National Fellow, Hoover Institution, 1996
  • Alfred P. Sloan Research Fellow, 1996

Awards and Honors

  • Business School Trust Faculty Fellow, 2022–23
  • Philip F. Maritz Faculty Fellow, 2017–18
  • GSB Trust Faculty Fellow, 2015–16


Journal Articles

Brett Green, Jeffrey Zwiebel
Management Science
November 2018 Vol. 64 Issue 11 Pages 4967-5460
Nicolae Gârleanu, Jeffrey Zwiebel
Review of Financial Studies
2009 Vol. 22 Issue 2 Pages 749-781
Peter M. DeMarzo, Dimitri Vayanos, Jeffrey Zwiebel
Quarterly Journal of Economics
2003 Vol. 118 Issue 3 Pages 909-968
Jeffrey Zwiebel
American Economic Review
1996 Vol. 86 Issue 5 Pages 1197-1215
Lars A. Stole, Jeffrey Zwiebel
Review of Economic Studies
1996 Vol. 63 Issue 3 Pages 375-410
Jeffrey Zwiebel
Journal of Political Economy
1995 Vol. 103 Issue 1 Pages 1-25

Insights by Stanford Business

March 25, 2014
A Stanford finance professor finds that hot streaks in sports are no illusion. Economists should take heed.