Paul Harold Cootner (May 24, 1930 – April 16, 1978)[1] was a financial economist noted for his book The Random Character of Stock Market Prices.

Paul H. Cootner
Born(1930-05-24)May 24, 1930
DiedApril 16, 1978(1978-04-16) (aged 47)
NationalityAmerican
Academic career
Alma materMassachusetts Institute of Technology
Doctoral
advisor
Walt Whitman Rostow

Cootner was born in Logansport, Indiana. He attended the University of Florida, where he earned bachelor's and master's degree. He received a PhD in industrial economics from the Massachusetts Institute of Technology in 1953.

He worked at Brown University briefly before serving in the Army. He then joined Resources for the Future.

He joined finance faculty of the MIT Sloan School of Management in 1959, where he started work on the "random walk" theory of securities prices, work that led to the 1964 publication of his groundbreaking book.

In 1970, he left MIT to join the faculty of the Graduate School of Business at Stanford University.

He died unexpectedly of a heart attack in 1978.

Bibliography edit

  • Cootner, Paul H.; Sharpe, William F.; Cootner, Cathryn M. (1982). Financial economics: essays in honor of Paul Cootner. Prentice-Hall. ISBN 978-0-13-315291-3.
  • Cootner, Paul H. (1964). The random character of stock market prices. MIT Press. ISBN 978-0-262-03009-0.

References edit

  1. ^ "Memorial Resolution" (PDF). Stanford University. 1978. Archived from the original (PDF) on June 19, 2015. Retrieved February 9, 2010.