Philipp Illeditsch

Philipp Karl Illeditsch joined the Finance Department of Texas A&M’s Mays Business School as Assistant Professor in the Summer of 2020. Before joining Texas A&M University, Professor Illeditsch taught at The Wharton School of the University of Pennsylvania and the Tepper School of Carnegie Mellon University. He is a member of the Finance Theory Group and the Macro Finance Society and his articles have appeared in the Journal of Finance, the Journal of Financial Economics, the Review of Finance, and Management Science.  Professor Illeditsch conducts theoretical and empirical research in asset pricing and portfolio choice. His current research focuses on the implications of disagreement, preference heterogeneity, financial frictions, and ambiguity aversion (Knightian uncertainty) for portfolio choice, asset pricing, the informational efficiency of prices, wealth inequality, and endogenous growth. He also works on reduced form term structure models, Stochastic Portfolio Theory, and commodity ETFs.

Courses Taught:
Asset Pricing and Corporate Finance Theory
Stochastic Methods in Finance