Biography

BIOGRAPHY

Professor Wise, originally from Wilmington, DE, joined Fordham University in 2007. She has an undergraduate degree in Mathematics and Economics from Penn State and received her Ph.D. in Managerial Science and Applied Economics with a major in Insurance and Risk Management and Finance from The Wharton School at the University of Pennsylvania. Before receiving an S.S. Huebner Fellowship to attend Wharton, she worked at Boston University’s Hearing Research Center in the Biomedical Engineering Department completing research on the cochlear implant and also worked as an analyst at Lehman Brothers in New York.

Her research area is at the intersection of behavioral finance with insurance. Some of her work examines how psychological feelings, such as regret and envy, can potentially distort employees’ portfolio choice decisions within defined contribution pension plans. She has also investigated how regret and pride can, in general, cause investors to hold losing stocks too long and sell winning stocks too early. This trading phenomenon is known as the disposition effect and has been shown to lead to lower wealth for investors; therefore, it is important to determine what factors cause investors to follow such a strategy.

In addition to modeling behavioral attributes and their impact on financial decision-making, Jackie also teaches Investments and Security Analysis and Honors Financial Management at Fordham University’s College of Business Administration.

Outside of work, she enjoys running, going to the theater, and exploring the various museums and coffee shops in New York City. Jackie completed the Nittany Valley Half Marathon at Penn State, the Philadelphia Distance Run while at Wharton, and more recently the New York City Half Marathon.

Biography Document