Photo: Duncan Phillips

Onassis Prizes 2009 awarding

Opening with "the father of Finance" Eugene Fama

In 2009 the Onassis Prize was awarded to Professor Eugena Fama, who later, in 2013, won the Nobel Prize for Economics.

The first awarding was in the field of Finance, awarding Professor Eugene Fama. Four years later Fama won the Nobel Prize for Economics.

Professor Eugene Fama is specialized in the analysis of stock-price movements

The first International Onassis Prize was awarded in 27 April 2009 to distinguished Professor Eugene Fama, of the Department of Business Postgraduate Studies of the University of Chicago. "The father of empirical finance studies" as his colleagues call him, established the efficient-market hypothesis, according to which some stock groups tend to exhibit at times excess return. In 2013, Fama shared the Nobel Prize for Economics with Lars Peter Hansen of the University of Chicago and Professor Robert Shiller of Yale in regard to their research on the prediction of the stock and bond course on a long-term basis.