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Eduardo S. Schwartz


Eduardo S. Scwartz - UCLA Anderson School of Management (USA)

Eduardo S. Schwartz holds the California Chair in Real Estate and Land Economics at the UCLA Anderson School of Management. He received his B.Eng. in Industrial
Engineering from the University of Chile, and he holds a Master’s in Business Administration from the University of British Columbia where he also earned his PhD in Finance.

Dr. Schwartz’s most recent research applies real options to pricing values in the pharmaceutical industry, specifically focusing on patents and R&D projects.

He has served as associate editor for more than a dozen journals, including the Journal of Finance, Journal of Financial Economics and Journal of Financial and
Quantitative Analysis. He is co-editor, with Lenos Trigeorgis of the University of Cyprus, on the book, Real Options and Investment under Uncertainty.

Dr. Schwartz was awarded an Honorary Doctorate by the University of Alicante in Spain and the Copenhagen Business School. He also received the 2000 Graham
and Dodd Award for his paper, “Rational Pricing of Internet Companies”, published in the Financial Analysts Journal.


PROJECT: During his stay at the University Carlos III Madrid he worked mainly in three research projects: (i) Towards a common europea monetary union risk free rate;
(ii) The Forward Premium in Electricity Markets and the Role of Speculators; (iii) The Relative Trading Activity in Options and Stock. STAY PERIOD: FEB 09 - JUL 09


1. Mayordomo, S., Peña, J.I. and E.S. Schwartz “Towards a common European monetary union risk free rate” (2009) NBER. Working Paper w15353.
2. Mayordomo, S. Peña, J.I. and Schwartz, E.S. (2010) “Are all Credit Default Swap Databases Equal?”. Available at SSRN: