Carnegie Mellon University

Bryan Routledge

Bryan R. Routledge

Associate Professor of Finance

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  • TEP - Tepper Building - Room 5230
  • 412-268-7588
Address
5000 Forbes Avenue
Pittsburgh, PA 15213

Areas of Expertise

Finance

Bio

Bryan Routledge is an Associate Professor of Finance at the Tepper School of Business, Carnegie Mellon University. He received his Ph.D. from the University of British Columbia in 1996 and a Bachelor of Commerce from Queens University in 1987. His research focuses on a broad selection of topics in finance. Current research applies quantitative text analysis and natural language processing to economic and financial research questions (e.g, how management discussion and analysis conveys risk, and how Twitter can track public opinion). Other recent research investigates the quantitative properties of asset prices and macroeconomics such as the positive correlation of asset returns with future economic growth, understanding the connection between risk attitudes and asset pricing dynamics, and the risk and return properties of oil prices. He has taught a wide variety of courses at the Tepper School in many of their programs. Current teaching includes the introductory Finance class to MBA students, Financial Economics for MSCF students, and a more specialized class called "Alpha: Implementing Quantitative Strategies." He is also a frequent teacher in the Tepper Schools Executive Education Programs in finance.

Education

  • University of British Columbia - Ph D - 1996
  • Queen's University at Kingston - BA - 1987

Research

asset pricing, natural language processing, commodities and commodity pricing, macroeconomics, finance, corporate finance, preference theory

Publications

  • Linguistic Markers of Status in Food Culture: Bourdieu’s Distinction in a Menu Corpus

    (author(s): Dan Jurafsky, Victor Chahuneau, Bryan Routledge, Noah Smith)
    Cultural Analytics October, 2016

  • Character Sequence Models for Colorful Words
    Proceedings of the 2016 Conference on Empirical Methods in Natural Language Processing

    (author(s): Kazuya Kawakami, Chris Dyer, Bryan Routledge, Noah Smith)
    Association for Computational Linguistics, 2016; 1949–1954

  • Friends with Motives: Using Text to Infer Influence on SCOTUS
    Proceedings of the 2016 Conference on Empirical Methods in Natural Language Processing

    (author(s): Yanchuan Sim, Bryan Routledge, Noah Smith)
    Association for Computational Linguistics, 2016; 1724–1733

  • A Sparse and Adaptive Prior for Time-Dependent Model Parameters.

    (author(s): Bryan Routledge, dani Yogatama, noah smith)
    Proceedings of the NIPS Workshop on Time Series,

  • A Utility Model of Authors in the Scientific Community.

    (author(s): Bryan Routledge, Yanchuan sim, noah smith)
    roceedings of the Conference on Empirical Methods in Natural Language Processing , 2015

  • The Utility of Text: The Case of Amicus Briefs and the Supreme Court.

    (author(s): Yanchuan Sim, Bryan Routledge, Noah Smith)
    Proceedings of the AAAI Conference on Artificial Intelligence , 2015

  • Large Scale Insider Trading Analysis: Patterns and Discoveries

    (author(s): Acar Tamersoy, Bo Xie, Stephen Lenkey, Bryan Routledge, Duen Horng Chau, Shamkant Navathe)
    Social Network Analysis and Mining

  • Narrative framing of consumer sentiment in online restaurant reviews

    (author(s): Dan Jurafsky, Victor Chahuneau, Bryan Routledge, Noah Smith)
    First Monday

  • Dynamic Models of Streaming Text.

    (author(s): Dani Yogatama, Chomg Wang, Bryan Routledge, Noah Smith, Eric Xing)
    Transactions of the Association for Computational Linguistics

  • Inside Insider Trading: Patterns & Discoveries from a Large Scale Exploratory Analysis

    (author(s): Acar Tamersoy, Bo Xie, Stephen Lenkey, Bryan Routledge, Deun Horg Chau, Shamkant Navathe)
    IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining (ASONAM), 2013

  • Word Salad: Relating Food Prices and Descriptions

    (author(s): Victor Chahuneah, Bryan Routledge, Noah Smith, Kevin Gimpel)
    Proceedings of the Conference on Empirical Methods in Natural Language Processing and Natural Language Learning , 2012

  • Corporate Decision Maker, Net Present Value, and the Environment
    Oxford Handbook on Business and the Environment

    Oxford University Press, 2011

  • Predicting a Scientific Community's Response to an Article

    (author(s): Dani Yogatama, Michael Heilman, Brendan O'Connor, Chris Dyer, Noah Smith, Bryan Routledge)
    Proceedings of the Conference on Empirical Methods in Natural Language Processing, 2011

  • From Tweets to Polls: Linking Text Sentiment to Public Opinion Time Series

    (author(s): Brendan O'Connor, Ramnath Balasubramanyan, Noah Smith, Bryan Routledge)
    Proceedings of the International AAAI Conference on Weblogs and Social Media, 2010

  • Generalized Disappointment Aversion And Asset Prices

    (author(s): Bryan Routledge, Stanley Zin)
    Journal Of Finance 65(4), 2010; 1303-1332

  • Predicting Risk from Financial Reports with Regression

    (author(s): Shimon Kogan, Dimitry Levin, Bryan Routledge, Jacob Sagi, Noah Smith)
    Proceedings of the North American Association for Computational Linguistics Human Language Technologies Conference , 2009

  • Model Uncertainty And Liquidity

    (author(s): Bryan Routledge, Stanley Zin)
    Review Of Economic Dynamics 12(4), 2009; 543-566

  • Exotic Preferences For Macroeconomists

    (author(s): DK Backus, Bryan Routledge, Stanley Zin)
    Nber Macroeconomics Annual 2004, 2005; 319-413

  • Exotic Preferences For Macroeconornists

    (author(s): DK Backus, Bryan Routledge, Stanley Zin)
    Nber Macoeconomics Annual 2004 19, 2005; 319-390

  • Social Capital And Growth

    (author(s): Bryan Routledge, J von Amsberg)
    Journal Of Monetary Economics 50(1), 2003; 167-193

  • Project Assignment Rights And Incentives For Eliciting Ideas

    (author(s): A Arya, Jonathan Glover, Bryan Routledge)
    Management Science 48(7), 2002; 886-899

  • Genetic Algorithm Learning To Choose And Use Information

    Macroeconomic Dynamics 5(2), 2001; 303-325

  • Equilibrium Forward Curves For Commodities

    (author(s): Bryan Routledge, Duane Seppi, Chester Spatt)
    Journal Of Finance 55(3), 2000; 1297-1338

  • Adaptive Learning In Financial Markets

    Review Of Financial Studies 12(5), 1999; 1165-1202

  • The Economics of The Prisoner's Dilema
    Modeling Rationality , Morality and Evolution

    Oxford University Press, 1998

Working Papers

  • Predicting Merger Targets and Acquirers from Text

    (author(s): Bryan Routledge, Stefano Sacchetto, Noah Smith)
    Journal of Financial and Quantitative Analysis

  • Extracting a Corporate Social Network from Text

    (author(s): Bill McDowell, Lingpeng Kong, Bryan Routledge, Noah Smith)

  • Does Macro-Asset Pricing Matter for Corporate Finance?

    (author(s): Bryan Routledge, Yongjin Kim)
    2013

Professional Activities

  • Officer: Secretary/Treasurer , Western Finance Association (September 2013 -)
  • Associate Editor, Critical Financial Review (January 2010 -)
  • Associate Editor, Journal of Finance and Quantitative Analysis (January 2004 -)
  • Conference Paper Reviewer, Western Finance Association, Program Chair (January 1997 -)
  • Ad Hoc Reviewer, NAACL 2018 North American Chapter of the Association for Computational Linguistics: Human Language Technologies, Program Committee (December 2017 - January 2018)
  • Judge, NSF Funding Review Pannel, National Science Foundation (May 2017 - May 2017)
  • Associate Editor, Management Science (January 2001 - 2009)

Courses Taught

  • Seminar in Finance I (Finance Theory) (47721)
    • 2017 Mini 3 Section: A
  • Venture Capital and Private Equity (45824)
    • 2017 Mini 3 Section: A, B, M
    • 2016 Mini 3 Section: A, M
    • 2015 Mini 3 Section: A
  • MMCF Finance (46972)
    • 2016 Mini 1 Section: M
  • MSCF Finance (46972)
    • 2016 Mini 1 Section: I
    • 2016 Mini 2 Section: I, M
    • 2014 Mini 1 Section: I, M
    • 2013 Mini 1 Section: I
  • Seminar in Finance I (47721)
    • 2016 Mini 3 Section: A
    • 2015 Mini 3 Section: A
    • 2009 Mini 3 Section: A
    • 2008 Mini 3 Section: A
    • 2007 Mini 3 Section: A
  • Mscf Finance (46972)
    • 2015 Mini 1 Section: I, M
  • Asset Management (46979)
    • 2014 Mini 2 Section: I, M
  • Finance I (45720)
    • 2013 Mini 2 Section: A, B, C, F
    • 2012 Mini 2 Section: A, B, C
  • Alpha: Designing and Evaluating Quantitative Trading Strategies (45926)
    • 2013 Mini 3 Section: A
  • MSCF Finance (45785)
    • 2012 Mini 1 Section: I
  • Alpha - Trading on Behavioral Finance (45956)
    • 2012 Mini 3 Section: A
    • 2010 Mini 3 Section: A
    • 2009 Mini 3 Section: A
    • 2007 Mini 2 Section: A
  • Introduction to Comp'l Finance (MS CF) (45711)
    • 2011 Mini 1 Section: I
    • 2010 Mini 1 Section: I
    • 2009 Mini 1 Section: I
    • 2008 Mini 1 Section: I
  • Finance I (45710)
    • 2011 Mini 2 Section: A, B, C
  • Financial Econ for Computational Finance (45848)
    • 2011 Mini 2 Section: I
  • Finance (45710)
    • 2010 Mini 2 Section: A, B, C
    • 2010 Mini 5 Section: F, M
    • 2009 Mini 2 Section: A, B, C
    • 2008 Mini 2 Section: A, B, C
    • 2007 Mini 2 Section: A, B
    • 2006 Mini 1 Section: I
    • 2006 Mini 2 Section: A, B
    • 2005 Mini 1 Section: I
    • 2005 Mini 2 Section: A, B
  • Venture Capital and Private Equity (45907)
    • 2008 Mini 4 Section: E
    • 2007 Mini 4 Section: E
    • 2006 Mini 4 Section: E
  • Seminar in Finance II (47722)
    • 2006 Mini 4 Section: A