Facebook Skip to main content
Edward Rice
Associate Professor Emeritus of Finance and Business Economics

Education

  • PhD University of California, Los Angeles (1978)
  • MBA University of Rochester (1973)
  • BA University of Rochester (1972)

Expertise

corporate finance, corporate governance, dividend and payout policy / stock splits, economics, initial public offerings, managerial economics, microeconomics, regulation

Positions Held

At the University of Washington since 1979
Visiting associate professor at University of Chicago, 1986-1988
Assistant professor at University of Illinois, Urbana-Champaign, 1977-1979

Selected Publications

“Corporate Tax Cuts, Merger Activity, and Shareholder Wealth”
Blouin, J., Fich, E., Rice, E., and Tran, A., (2021). Journal of Accounting and Economics, Vol. 71(1).

“Contractual Revisions in Compensation: Evidence from Merger Bonuses to Target CEOs”
Fich, E., Rice, E., and Tran, A., (2016). Journal of Accounting and Economics, Vol. 61(2–3), pp. 338–368.

“Organizational Form, Share Transferability, and Firm Performance: Evidence from the ANCSA Corporations”
Karpoff, J. M., and Rice, E., (1989). Journal of Financial Economics, Vol. 21(4), pp. 69–105.

“Experimental Support for the Economic Theory of Risk-Averse Behavior”
Allen, R., Harstad, R., and Rice, E., (1987). The Social Science Review, Vol. VII(2).

“The Theory of Price-Changing and Monopoly Power”
Rice, E., and Simon, J., (1984). Journal of Post-Keynesian Economics, Vol. 6(2), pp. 198–213.

“Going Private: Minority Freezeouts and Stockholder Wealth”
DeAngelo, H., DeAngelo, L., and Rice, E., (1984). Journal of Law and Economics, Vol. 27(2), pp. 67–401.

“Going Private: The Effects of a Change in Corporate Ownership Structure”
DeAngelo, H., DeAngelo, L., and Rice, E., (1984). Midland Corporate Finance Journal.

“Antitakeover Charter Amendments and Stockholder Wealth”
DeAngelo, H., and Rice, E., (1983). Journal of Financial Economics, Vol. 11(1–4), pp. 329–359.

“Rent-Seeking and Welfare Loss”
Rice, E., and Ulen, T., (1981). Research in Law and Economics, Vol. 3, pp. 806–862.

“Measuring Portfolio Performance and the Empirical Content of Asset Pricing Models”
Mayers, D., and Rice, E., (1979). Journal of Financial Economics, Vol. 7(1), pp. 3–28.

“Discussion—Finance and Industrial Organization”
Rice, E., and Weston, J., (1976). Journal of Finance, Vol. 31(2), pp. 743–747.

Honors and Awards

Evening MBA Professor of the Year, Class of 2010, 2008
Charles Summer Outstanding Teaching Award, 2006
Evening MBA Professor of the Quarter for Autumn, Class of 2009, 2007
Evening MBA Professor of the Quarter for Autumn, Class of 2008, 2005, & 2007
Outstanding Professor, Evening MBA, Class of 2005, 2003
Evening MBA Core Professor the Year, Class of 2004, 2003
Evening MBA Outstanding Professor, Class of 2003, 2003
MBA Elective Professor of the Quarter for Spring 2003, 2003
MBA Core Professor of the Year, 1995
Bank of America Faculty Excellence Award, 1984
Distinguished Speaker in Finance from the Administrative Science Association of Canada, 1983

Consulting

Price Costco and Amgen, expert witness
Edward Rice

Academic Department

Finance & Business Economics

Academic Service

Associate editor of theJournal of Financial and Quantitative Analysis, 1985-1993
Program committee member for the Western Finance Association, 1988
Member of numerous UW and Business School committees, including dissertation committees

Current Research

Correcting biases in discount rates used for capital budgeting, Meaning of stock price changes when events affect shareholders differently, Effect of health insurance on trauma care

Consulting

Price Costco and Amgen, expert witness