Adair Morse

Adair Morse is Associate Professor at the Haas School of Business at the University of California at Berkeley, where she teaches New Venture Finance and Impact Investing. She holds a Ph.D. in finance from the University of Michigan. Adair’s research spans multiple areas of finance: household finance, FinTech, Impact Investing, venture finance, corruption, and pension management, with the unifying theme that she tries to choose topics useful for leveling economic playing fields. Her publications appear in the top economics and finance journals, and she has won a number of top finance research prizes, including the Brattle Prize, the Jensen Prize, the European Finance Association Asset Management Prize, the Sonoran Finance Conference Prize, the China International Finance Conference Prize, the WFA Prize, and the Moskowitz Impact prize, and her various works have been directly implemented into policy. Her work on Impact Investing and Venture Debt study the innovation ecosystem from the lens of new financing tools. These papers respectively document the willingness to pay for impact by investors and demonstrate the role of a new leveraging of Silicon Valley-type innovation on risk in innovation.