Word: lintner
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...John Lintner's models and theories allowed institutional investors to factor elements of risk into their calculations," explained A. Michael Spence, chairman of the Economics Department. "And ever since then, when people in finance talk about investment, they use his concept and ideas...
Throughout his career, Lintner worked to broaden the applications of his capital market theory research. His most recent work, for example, examined the consequences when investors do not act in their best interest or are not able to make certain types of investments. His last published work analyzed how well the capital asset pricing model fit the real world...
Besides doing research, Lintner was instrumental in guiding the University's joint Ph.D. program in economics and business which he directed for 15 years. In addition, he served as a consultant the Secretary of the Treasury in both Democratic and Republican administrations...
...Lintner was also recognized at Harvard as a devoted teacher. He "was always enthusiastic about other people's achievements, both of students and colleagues," Spence said...
...Lintner's family has requested that instead of sending flowers, friends should contribute to the Summer field Fund at the University of Kansas, which had awarded him a merit scholarship which enabled him to attend the school...