Arnav Sheth  |  Interests  |  Scholarship  |  Service  

Education:

• Ph.D. Quantitative Finance, Rutgers Business School, October 01, 2007
  We devised a numerical method to solve stochastic control problems using linear programming. We then used this technique to answer questions like: (1) Why do managers take unnecessary risks when firm cash reserves are nearing zero? (2) What is the impact of excessive politicking on firm value? (3) What is the optimal time to upgrade a firm's technology or its physical assets?
• M.B.A. Rutgers Business School, October 01, 2007
• M.A. Rutgers University, October 01, 2004
  We conducted experiments to measure how people value money over time. The thesis was published in the Springer journal 'Theory and Decision'.
• B.A. Lawrence University, June 22, 2000
  Mathematics-Economics (joint), Philosophy

Teaching Experience:

• Assistant Professor - Saint Mary's College of California (2009 - Present)
  Finance, Graduate Business Programs
• Part-Time Lecturer - University of California, Berkeley (January 11, 2008 - Present)
• Lecturer - Rutgers University (September 2000 - July 2006)

Presentations:

Conference Presentations

• Risk-Taking, Financial Distress and Innovation. Sheth, Arnav, Shepp, L and Palmon, O
  Proceedings of the World Congress on Engineering 2011
  (July 2011)
• The Carrot: Rewarding Bad Managers and Innovation. Sheth, Arnav
  Tenth International Conference on Operations and Quantitative Management
  (July 2011)
• Risk-taking, financial distress and innovation. Sheth, Arnav, Shepp, L and Palmon, O
  Academy of Business Research
  (March 2011)
• Gambling when broke: A model for Optimal Managerial Behavior under Financial Distress. Sheth, Arnav
  STAM Financial Mathematics and Engineering
  (November 2010)

Invited Talks

• The carrot:: Rewarding bad managers and innovation. Sheth, Arnav (talk, speech or lecture, invited)
  Institute for Operations Research and Management Science
  (November 2011)
• Capturing the chaos: Measuring market Volatility. Sheth, Arnav (talk, speech or lecture, invited)
  Pillai Institute of Management Studies and Research
  (June 2011)

Publications:

• Sheth, Arnav, Shepp, L and Palmon, O. 2011. Risk-taking,Financial distress, and innovation, Academy of Business Journal: Special Issue on the Global Debt Crisis, issue 1, pg.5-18
• Sheth, Arnav. 2011. Optimal Operating Strategies Under Stochastic Cash Flows, Lambert Academic Publishing GmbH & Co