Lauren H. Cohen and Christopher J. Malloy, both members of the School's Finance Unit, have recently won the 2007 Smith Breeden Prize, which recognizes the top three papers published in The Journal of Finance in any area other than corporate finance. Their paper, Supply and Demand Shifts in the Shorting Market (coauthored with Karl B. Diether of the Fisher College of Business at Ohio State University) examines the link between the shorting market and stock prices.

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