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Jan Mossin (1936–1987) was a Norwegian economist. Born in
Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...
, he graduated with a siv.øk. degree from the
Norwegian School of Economics The Norwegian School of Economics ( no, Norges Handelshøyskole) or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is a leading teaching and research institution in the fields of ...
(NHH) in 1959. After a couple of years in business, he started his PhD studies in the spring semester of 1962 at
Carnegie Mellon University Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technolog ...
. One of the papers in his doctoral dissertation was a very important contribution (1966) to the
Capital Asset Pricing Model In finance, the capital asset pricing model (CAPM) is a model used to determine a theoretically appropriate required rate of return of an asset, to make decisions about adding assets to a well-diversified portfolio. The model takes into accou ...
(CAPM). At Carnegie Mellon he was, among others, awarded the Alexander Henderson Award for 1968 for this contribution. If Jan Mossin had lived longer he would most likely have been a candidate for the
Nobel Prize in Economics The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered ...
in 1990 together with Professors
William F. Sharpe William Forsyth Sharpe (born June 16, 1934) is an American economist. He is the STANCO 25 Professor of Finance, Emeritus at Stanford University's Graduate School of Business, and the winner of the 1990 Nobel Memorial Prize in Economic Sciences. ...
and
John Lintner John Virgil Lintner, Jr. (February 9, 1916 – June 8, 1983) was a professor at the Harvard Business School in the 1960s and one of the co-creators (1965 a, b) of the capital asset pricing model. For a time, much confusion was created because the ...
. After he had finished his PhD he returned to NHH where he in 1968 was tenured professor. During his time at NHH, Mossin was visiting professor at the
University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant univ ...
(1969–1970),
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, t ...
(1973–1974), Columbia University (1976), the
University of Texas, Austin The University of Texas at Austin (UT Austin, UT, or Texas) is a public research university in Austin, Texas. It was founded in 1883 and is the oldest institution in the University of Texas System. With 40,916 undergraduate students, 11,075 ...
(1978–1979) and the
University of Washington, Seattle The University of Washington (UW, simply Washington, or informally U-Dub) is a public research university in Seattle, Washington. Founded in 1861, Washington is one of the oldest universities on the West Coast; it was established in Seat ...
(1983–1984). Mossin was elected fellow of the
Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
in 1973.


Partial bibliography


Articles

* "Wages, Profits and the Dynamics of Growth", ''Quarterly Journal of Economics'', 80, 1966, pp. 376–399. * "Equilibrium in a Capital Asset Market", ''Econometrica'', 34, 1966, pp. 768–783. * "On a Class of Optimal Stock Depletion Policies", ''Management Science'', 13, 1966, pp. 120–130. * "The Shorter Work Week and the Labor Supply", (with Martin Bronfenbrenner) ''Southern Economic Journal'', 33, 1967, pp. 322–331. * "Optimal Multiperiod Portfolio Policies", ''Journal of Business'', 41, 1968, pp. 215–229. * "Aspects of Rational Insurance Purchasing", ''Journal of Political Economy'', 76, 1968, pp. 553–568. * "Taxation and Risk Taking", ''Economica'', 36, 1968, pp. 74–82. * "Merger Agreements: Some Game-Theoretic Considerations", ''Journal of Business'', 41, 1968, pp. 460–471. * "Security Pricing and Investment Criteria in Competitive Markets", ''American Economic Review'', 59, 1969, pp. 749–756.


Books

* ''Theory of Financial Markets'', 1973, Prentice-Hall, * ''The Economic Efficiency of Financial Markets'', 1977, Lexington Books, Financial economists Norwegian School of Economics faculty Norwegian School of Economics alumni Fellows of the Econometric Society Norwegian expatriates in the United States 1936 births 1987 deaths Carnegie Mellon University alumni 20th-century Norwegian economists {{Norway-economist-stub