Larry Selden
Professor Emeritus of Business
Economics
BA, Washington University, 1964; MBA, University of Pennsylvania, 1966; PhD, 1976
Joined CBS in 1976
E-mail:
[email protected]
Biography
Professor Selden teaches debt markets and lectures on shareholder value creation for business groups around the world. A recipient of grants from the National Science Foundation and the Center for Operations Research and Econometrics, Selden has analyzed models of portfolio allocation and preference determination. His current research focuses on linking sales and marketing efforts to a corporation’s share price. He is also applying his findings to Executive Education programs.
Research
Journal articles
Incomplete Market Demand Tests for Kreps-Porteus-Selden Preferences
In Journal of Economic Theory
(2020)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
What Are Asset Demand Tests of Expected Utility Really Testing?
In The Economic Journal
(2017)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
Changing Tastes and Effective Consistency
In The Economic Journal
(2016)
Coauthor(s): Larry Selden, Xiao Wei
Risk Neutrality Regions
In Journal of Mathematical Economics
(2016)
Coauthor(s): Yakar Kannai, Minwook Kang, Larry Selden, Xiao Wei
Myopic Separability
In Journal of Economic Behavior & Organization
(2014)
Coauthor(s): Yakar Kannai, Larry Selden, Xiao Wei
Violation of the Law of Demand (lead article)
In Economic Theory
(2014)
Coauthor(s): Yakar Kannai, Larry Selden
Asset Demand Based Tests of Expected Utility Maximization
In American Economic Review
(2014)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
When Is a Risky Asset "Urgently Needed"?
In American Economic Journal: Microeconomics
(2014)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
Inferior Good and Giffen Behavior for Investing and Borrowing
In American Economic Review
(2013)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
A General Equilibrium Analysis of Option and Stock Market Interactions
In International Economic Review
(1991)
Coauthor(s): Jerome Detemple, Larry Selden
Approximate Aggregation under Uncertainty
In Journal of Economic Theory
(1986)
Coauthor(s): Larry Pohlman, Herakles Polemarchakis, Larry Selden, Paul Zipkin
On the Recoverability of Risk and Time Preferences from Consumption and Asset Demands
In European Economic Review
(1984)
Coauthor(s): Herakles Polemarchakis, Larry Selden
A Note on the Recoverability and Uniqueness of Changing Tastes
In Economics Letters
(1981)
Coauthor(s): John Donaldson, Larry Selden
Arrow-Debreu Preferences and the Reopening of Contingent Claims Markets
In Economics Letters
(1981)
Coauthor(s): John Donaldson, Larry Selden
A New Approach to the Joint Consumption-Portfolio Problem
In Journal of Money, Credit and Banking
(1980)
Coauthor(s): Larry Selden
An OCE Analysis of the Effect of Uncertainty on Saving Under Risk Preference Independence
In The Review of Economic Studies
(1979)
Coauthor(s): Larry Selden
A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis
In Econometrica
(1978)
Coauthor(s): Larry Selden
Time Preferences, Conditional Risk Preferences, and Two-Period Cardinal Utility
In Journal of Economy Theory
(1978)
Coauthor(s): Michael Rossman, Larry Selden
Working papers
Time Consistency, Temporal Resolution Indifference and the Separation of Time and Risk
(2019)
Coauthor(s): Felix Kubler, Larry Selden, Xiao Wei
Asset Demand Tests of Risk Preferences with Probability Dependent NM Indices
(2018)
Coauthor(s): Matthew Polisson, David Rojo Arjona, Larry Selden, Xiao Wei
Capital Risk: Precautionary and Excess Saving
(2018)
Coauthor(s): Larry Selden, Xiao Wei
The Identification of Attitudes Towards Ambiguity and Risk from Asset Demand
(2017)
Coauthor(s): Herakles Polemarchakis, Larry Selden, Xinxi Song
On Integrability and Changing Tastes
(2015)
Coauthor(s): Yakar Kannai, Larry Selden, Xiao Wei
Habit Formation and Risk Preference Dependence
(2014)
Coauthor(s): Larry Selden
Univariate Versus Bivariate Strong Independence
(2013)
Coauthor(s): Larry Selden
Characterizing Myopic Intertemporal Demand
(2012)
Coauthor(s): Yakar Kannai, Larry Selden, Xiao Wei
Incomplete Markets and the Observability of Risk Preference Properties
(1981)
Coauthor(s): Herakles Polemarchakis, Larry Selden
Consumption Trees, OCE Utility and the Consumption/Savings Decision
(1978)
Coauthor(s): Larry Selden, Ivan Stux
In The Media
Magazine articles
The Incumbent's Advantage
In Harvard Business Review
(2008)
Coauthor(s): Ian MacMillan, Larry Selden
Customer-Centricity: A Primer
In Journal of Financial Transformation
(2007)
Coauthor(s): Larry Selden
Manage Customer-Centric Innovation — Systematically
In Harvard Business Review
(2006)
Coauthor(s): Ian MacMillan, Larry Selden
Best Buy's Giant Gamble
In Fortune
(2006)
Coauthor(s): Matthew Boyle, Susan Kaufman, Joan Levinstein, Larry Selden
Best Buy's Brilliant Bouncer
In Business 2.0
(2005)
Coauthor(s): Duff McDonald, Larry Selden
5 Rules for Finding the Next Dell
In Fortune
(2004)
Coauthor(s): Geoffrey Colvin, Larry Selden
Five Rules for Finding the Next Dell
In Fortune
(2004)
Coauthor(s): Geoffrey Colvin, Larry Selden
What Customers Want
In Fortune
(2003)
Coauthor(s): Geoffrey Colvin, Larry Selden
M&A Needn't Be a Loser's Game
In Harvard Business Review
(2003)
Coauthor(s): Geoffrey Colvin, Larry Selden
Will This Customer Sink Your Stock?
In Fortune
(2002)
Coauthor(s): Geoffrey Colvin, Larry Selden
A Measure of Success
In Business 2.0
(2001)
Coauthor(s): Geoffrey Colvin, Larry Selden
Will Your E-Business Leave You Quick or Dead?
In Fortune
(2001)
Coauthor(s): Geoffrey Colvin, Larry Selden