Dr. Steven Jordan Receives Recognition for Articles
For release: March 6, 2013
Dr. Steven Jordan, a Visiting Assistant Professor in the Department of Finance, recently
had his sole-authored paper accepted for publication in the prestigious academic journal,
Quantitative Finance. The paper “Is Momentum a Self-fulfilling Prophecy?” seeks to
demonstrate that momentum can profitably exist in equilibrium at a finite level of
trade. The only requirements are that, one, market prices contain noise and, two,
subsets of traders believe that past prices can be used to predict future prices.
In additional to his paper’s recent acceptance, Dr. Jordan has also been invited to
share another one of his papers at an upcoming conference sponsored by the FDIC. This
invitation is quite selective as only 20 papers were chosen for discussion. Finally,
Dr. Jordan presented a working paper titled “What can Behavioral Finance Teach Us
about Rational Finance?” at a finance seminar at Louisiana State University last month.