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About: Stephen Ross (economist)     Goto   Sponge   NotDistinct   Permalink

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Stephen Alan "Steve" Ross (February 3, 1944 – March 3, 2017) was the inaugural Franco Modigliani Professor of Financial Economics at the MIT Sloan School of Management after a long career as the Sterling Professor of Economics and Finance at the Yale School of Management. He is known for initiating several important theories and models in financial economics. He was a widely published author in finance and economics, and was a coauthor of a best-selling Corporate Finance textbook. Ross also introduced a rigorous modeling of the agency problem in 1973, as seen from the principal's standpoint.