Shyam Sunder

Shyam Sunder (born July 10, 1944) is an accounting theorist and experimental economist. He is the James L. Frank Professor of accounting, economics, and finance at the Yale School of Management; a professor in Yale University’s Department of Economics; and a Fellow of the Whitney Humanities Center.

Biography Sunder is a pioneer in the fields of experimental finance and experimental macroeconomics. Over the course of his career, he has conducted research on financial reporting, information dissemination in security markets, statistical theory of valuation, and the design of electronic markets. His current research explores how to structure accounting and auditing institutions to obtain an efficient balance between regulatory oversight and market competition.

Before moving to the United States, Sunder was educated at IIT Kharagpur, Indian Railways School of Mechanical & Electrical Engineering at Jamalpur. Subsequently he received his PhD from Carnegie Mellon University in 1974. Before coming to Yale University, he served on the faculties of the University of Chicago, IIM Ahmedabad, the California Institute of Technology, the University of Minnesota, and Carnegie Mellon University.

Publications Sunder has published six books, including Theory of Accounting and Control, and over 200 articles in academic journals and popular media. “Efficiency of experimental security markets with insider information: An application of rational-expectations models”, with C. R. Plott, Journal of Political Economy, 1982. “Rational expectations and the aggregation of diverse information in laboratory security markets” with C. R. Plott, Econometrica, 1988. “Market for Information: Experimental Evidence”, Econometrica, 1992.

Honors and awards Sunder has served in numerous leadership roles at noteworthy academic organizations. From 2006 to 2007, he was President of the American Accounting Association. Before that, he was the American Accounting Association's Director of Research from 1988 to 1990. He has also served as Chair of Faculty Organization for the Faculty Senate at Carnegie Mellon University and was a member of the Founding Executive Committee for the Economic Science Association. and the Outstanding Accounting Educator Award in 2013.

In partnership with the American Institute of Certified Public Accountants, the American Accounting Association also selected him to receive the Notable Contributions to Accounting Literature Award in 1982 and 1998. In 1982, Sunder was selected for the Alpha Kappa Psi Foundation National Accounting Award. and named him a Distinguished International Visiting Lecturer in 2000. and the Indian Accounting Review. He has served on the editorial boards of Experimental Economics,

Teaching Sunder has taught generation of students both in Yale College and Yale School of Management. He taught "Econ 488: Experimental Economics" that used "economic experiments to investigate the behavior of economic markets and institutions," and was widely popular with undergraduate students.

Boards Sunder has served on the boards of the following organizations: Academy for Government Accountability, 2006–2008 American Accounting Association, 2005–2008 International Association for Accounting, Education, and Research, 2006–2007 World Computer Exchange, 2000–2009 GMex, Inc., 1999–2001 Carnegie Mellon University Board of Trustees, 1997–98 Financial Executives Institute, Pittsburgh Chapter, 1995–99 Economic Science Association