Werner F.M. De Bondt is a finance professor and economist who studies the psychology of financial decision-making. He is one of the founders of the field of behavioral finance and the Founding Director of the Driehaus Center for Behavioral Finance at DePaul.
De Bondt has examined key concepts of bounded rationality, e.g., people's tendency to
exaggerate the true impact of new information, their bent towards wishful thinking, or their biased perceptions of risk. De Bondt’s research articles have appeared in many books and scholarly
journals, including the Journal of Finance, the Financial Analysts Journal, the American Economic Review,
and the European Economic Review. His work on stock market overreaction and the speculative dynamics of world
financial markets has received a great
deal of attention in academia and industry.
Werner De Bondt is a frequent speaker to academics and investment professionals around the world.
He holds a Ph.D. in Business Administration from Cornell University (1985). Werner De Bondt is fluent in Dutch, French, German and English.
In past years, he was a member of the faculty at various universities in Europe, e.g., Erasmus University Rotterdam, the University of Zurich, the University of Neuchatel and the University of Luxembourg. Between 1992 and 2003, he
the Frank Graner Professor of Investment Management at the
University of Wisconsin-Madison.
Ph.D. Cornell Universtiy, Ithaca, NY, Business Administration, 1985
M.P.A. Cornell University, Ithaca, NY, Public Administration, 1979
M.B.A. Catholic University of Louvain, Louvain, Belgium, Finance, 1978
B.S.E. Universitaire Faculteiten Sint-Ignatius te Antwerpen, Louvain, Belgium, Engineering, 1976