Theodore Day

Professor - Management
Tags: Financial & Managerial Economics

Professional Preparation

Ph.D. - Business
Stanford University - 1981
M.A. - Economics
Stanford University - 1979
M.B.A. - Finance
University of Oklahoma - 1976
B.A. - Accounting
University of Oklahoma - 1974


Commentary on the Replication of an Option on a Bond Portfolio. The Review of Futures Markets 9 (1990), 101-102. 1988 - Publication
Beating the Wagering Line for National Football League Games: An Application of Isotonic Regression with Nonquadratic Loss, with Bruce Cooil. Proceedings of the 1988 Meetings of the Business and Economic Statistics Section, American Statistical Association (1988), 314-317. 1986 - Publication
Expected Inflation and the Real Rate of Interest. Journal of Banking and Finance, 9 (November 1985),491-498. 1985 - Publication
Information, Production, and the Term Structure. Journal of Political Economy, 94 (February 1986), 167-184. 1985 - Publication
Taxes, Financial Policy, and Small Business, with Hans Stoll and Robert Whaley. Lexington Books, 1985. 1985 - Publication
Real Stock Returns and Inflation. Journal of Finance, 39 (June 1984),493-502. 1984 - Publication


Professor of Finance
University of Texas at Dallas [1999–2007]
Associate Professor of Finance (tenure)
University of Texas at Dallas [1992–1999]
Associate Professor of Finance
University of Texas at Dallas [1990–1992]
Visiting Associate Professor of Finance
University of North Carolin [1988–1990]
Assistant Professor of Finance
Vanderbilt University [1981–1988]

Additional Information

Memberships in Professional Organizations
  • American Finance Association
  • Western Finance Association
  • Oklahoma Society of Certified Public Accountants
Dissertation Committees Chaired
  • Zhengzheng Li (Co-Chairman)
  • Yi Wang (Co-Chairman/Completed 2000)
  • Ping Ying Wang (Chainnan/Comp1eted 1998)
  • Sarathi Roy (Co-Chairman/Completed 1996)
  • Robert T. Maurer (Chairman/Completed 1995)
  • Richard Held (Chainnan/Completed 1995)
  • ZuKang Hua (Chairman/Completed 1993)
Research in Progress
  • "The Impact of Mutual Fund Diversification on the Returns to Active Management", with YexiaoXu.
  • "The Impact of Changes in Resale Restrictions on the Discounts for Unregistered Private Placements", with Jess Cornaggia.
  • "On the Determinants of the Marketability Discount", with William Barnard.
  • "Earnings Management and Informed Trading in the Stock and Options Markets", with Robert Kieschnick and Volkan Muslu.