David de Meza is the Eric Sosnow Professor of Management in the LSE Department of Management. His research interests include the property rights theory of the firm, optimism and entrepreneurship, and finance and insurance gaps in theory and practice.

View CV (PDF)

Managerial Economics and Strategy Faculty Research Group

Selected publications

de Meza, D. & Webb, D. C. (1987) Too much investment: a problem of asymmetric information. Quarterly Journal of Economics

de Meza, D. & Gould, J. R. (1992) The social efficiency of private decisions to enforce property rights. Journal of Political Economy

de Meza, D. & Southey, C. (1996) The borrower's curse: optimism, finance and entrepreneurship. The Economic Journal

de Meza, D. & Lockwood, B. (1998) Does asset ownership always motivate managers? Outside options and the property rights theory of the firm. Quarterly Journal of Economics

de Meza, D. & Webb, D. C. (2001) Advantageous selection in insurance markets. RAND Journal of Economics

de Meza, D. & Webb, D. C. (2017) False diagnoses: pitfalls of testing for asymmetric information in insurance markets. The Economic Journal

de Meza, D., Dawson, C., Henley, A.G., & Arabsheibani, G. (2019) Curb your enthusiasm: Optimistic entrepreneurs earn more. European Economic Review

de Meza, D. & Reito, F. (2020) Too much waste, not enough rationing: The failure of stochastic, competitive markets. Journal of Economic Theory

de Meza, D. & Dawson, C. (2020) Neither an optimist nor a pessimist Be: Mistaken expectations lower well-being. Personality and Social Psychology Bulletin

de Meza, D. & Pathania, V. (2021) Is the second-cheapest wine a rip-off? Economics Letters