Lucy White joined the finance group at Harvard Business School in 2002. She has taught the two required finance courses in the first year of the M.B.A. programme, and currently teaches the optional second-year advanced corporate finance course “Corporate Financial Management.” Professor White received her B.A. in Philosophy, Politics and Economics, and her M.Phil. in Economics, from the University of Oxford; and a D.E.E.Q.A. (European Diploma in Economics) from the University of Toulouse. She gained a doctorate in economics from the University of Oxford in 1999 for her research on Strategic Behaviour under Uncertainty; and a doctorate in finance from the University of Toulouse in 2001 for her Essais en Finance d'Entreprise.
Professor White's research interests are wide-ranging within micro-economic theory, including auctions, bargaining, industrial organisation, banking and corporate finance. Her most recent work focuses on the impact of deposit insurance and capital requirements on risk-taking by banks, especially in light of the new Basel regulations. Her work has been published in top finance and economics journals, such as the Journal of Finance, Econometrica, American Economic Review and the RAND Journal of Economics. Professor White is a Research Fellow of the Centre for Economic Policy Research. She has also consulted part-time for NERA on anti-trust matters.