CFDM Co-Directors

The Center for Research in Consumer Financial Decision Making (CFDM) is uniquely interdisciplinary, led by two accomplished co-directors from diverse academic backgrounds. This collaborative approach brings together expertise from finance, psychology, and consumer research to tackle complex issues in consumer financial decision-making.

Emily Gallagher | Arnold R. Weber Faculty Scholars | Associate Professor | Co-Director of Center for Research on Consumer Financial Decision Making

Emily Gallagher is an associate professor of finance in the real estate track at the Leeds School of Business, 桃色视频. Her research focuses on household finance, climate change, insurance, and real estate, using quasi-experimental methods applied to geospatial, regulatory, and financial data. Gallagher examines how households prepare for and respond to financial shocks, especially climate disasters.

Her 2022 article in the Journal of Financial Economics, 鈥淟et the Rich Be Flooded: The Distribution of Financial Aid and Distress after Hurricane Harvey,鈥 was featured in the 2023 Economic Report of the President of the United States. Another study, 鈥淏lood Money: Selling Plasma to Avoid High-Interest Loans,鈥 co-authored with John Dooley and published in The Review of Financial Studies in 2024, received the 2025 CESR Best Paper Award. Her research on underinsurance, disaster recovery, and crowdfunding has been featured in The New York Times, The Wall Street Journal, Bloomberg, NPR, and BBC World Service.

She holds a B.B.A. from the University of Michigan and a Ph.D. from the Paris School of Economics, with postdoctoral training at Washington University in St. Louis and a research fellowship at the Federal Reserve Bank of Philadelphia. Gallagher teaches Real Estate Finance and Investment at the undergraduate and graduate levels and is the recipient of the 2023 Melvin J. Roberts Teaching Award. She was named the 2024 Dean鈥檚 鈥淩ising Star鈥 and Arnold R. Weber Faculty Scholar.

Nicholas Reinholtz | RK Landmark Faculty Scholar | Assistant Professor | Co-Director of Center for Research on Consumer Financial Decision Making

Nicholas Reinholtz is a assistant professor of marketing at the Leeds School of Business. He holds a Ph.D. in marketing from Columbia University and undergraduate degrees in mechanical engineering and political science from Virginia Tech. Nick's research focuses on different aspects of consumer behavior, including financial decision making, product and price search, and the cognitive processes and representations underlying choice.