Haas School of Business

Faculty and Executive Leadership Directory
	Terrence Hendershott Associate Professor Haas Operations and Information Technology Management Group 510-643-0619 Email: click on the envelope icon below for full email address Academic Status: On duty Office Hours: By appointment, F596 Personal Homepage: http://faculty.haas.berkeley.edu/hender Curriculum Vitae (in PDF format, Acrobat Reader required)

Education

BS, Mathematics and Statistics, Miami University
PhD, Operations, Information, and Technology, Graduate School of Business, Stanford University

Positions Held

At Haas since 2001
Faculty Director, Center for Innovative Financial Technology, Haas School of Business
2005 - 2006, Visiting Economist, New York Stock Exchange
1999 - 2001, Xerox Assistant Professor of Computers & Information Systems, Simon School of Business Administration, University of Rochester

Current Research and Interests

Management of information systems
Role of information technology in financial markets
Electronic communications networks (ECNs) and stock market design
Regulation of financial markets
How electronic markets compete with traditional businesses

Selected Papers and Publications

"Automation versus Intermediation: Evidence from Treasuries Going Off the Run," with Michael Barclay and Kenneth Kotz. Forthcoming, Journal of Finance.
"A Model of Direct and Intermediated Sales," with Jie Zhang. Forthcoming, Journal of Economics & Management Strategy.
"Island Goes Dark: Transparency, Fragmentation, and Regulation," with Charles Jones. Review of Financial Studies 18 (Fall 2005): 743-793.
"Competition Among Trading Venues: Information and Trading on Electronic Communications Networks," with Michael Barclay and Tim McCormick. Journal of Finance 58 (December 2003): 2637-2666.
"Crossing Networks and Dealer Markets: Competition and Performance," with Haim Mendelson. Journal of Finance 55 (October 2000): 2071-2115.
"Bundling and Optimal Auctions of Multiple Products," with Christopher Avery. Review of Economic Studies 67 (July 2000): 483-497.

Teaching

Information technology strategy
Operations management

Honors and Awards

Schwabacher Fellowship Award, 2005-2006
National Science Foundation Grant #0133848, CAREER: Electronic Trading Systems
New York Stock Exchange Award for the best paper on equity trading, Western Finance Association Meetings (2001)
Simon School Teaching Honor Roll, University of Rochester (2000, 2001)
Xerox Assistant Professor, University of Rochester (1999-2001)

Faculty Directory: Alphabetical Listing
Faculty Directory: Listing by Department

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Faculty and Executive Leadership Directory