莫琳·奥哈拉是康奈尔大学约翰逊管理学院的罗伯特·W·珀塞尔教授，金融博士项目主任，前金融系主任。她毕业于西北大学并获得金融学博士学位。
莫琳·奥哈拉教授曾在伦敦商学院和加州大学洛杉矶分校任教，她于1986年获得美国大学妇女协会的青年学者杰出成就奖。她是美国金融学会和西部金融学会理事，是迄今美国金融学会第一位也是唯一一位女性主席。奥哈拉教授被认为是金融市场微观结构理论研究的代表人物。
她最近的研究重点是：承销商在IPO后市场交易中的角色，透明度对交易系统绩效的影响，证券市场中的入市和退市，为市场发展而进行的市场设计，以及资产定价中的流动性和信息风险的角色。此外，奥哈拉博士的研究成果也广泛涉及银行和金融中介、法律与金融以及实验经济学。
奥哈拉教授是Review of Financial Studies的主编，《金融中介杂志》的共同主编，也是众多金融期刊的副主编。是Investment Technology Group（ITG）指导委员会的成员，担任该组织薪酬委员会的主席。她还曾为一些公司和组织提供咨询，包括微软，美林， 瑞士信贷第一波士顿（Credit Suisse First Boston）， 纽约证券交易所， Bristol-Meyers Squibb, 以及世界交易所联合会（the World Federation of Exchanges）。
她编写的《市场的微观结构理论》一书曾经是康奈尔大学博士生的教材，其中文版由梁晶工作室策划推出，5月份已经上市。专题请见 http://www.ljps.com.cn/oldweb/important_books/200704/index_b.html 。
个人主页 http://www.johnson.cornell.edu/faculty/profiles/ohara/
主要著作：
Market Microstructure Theory, (Blackwell Publishers, Cambridge, Mass.: 1995). Japanese edition published by (Kinzai Institute for Financial Affairs, Tokyo, 1996).
"The Postal Savings System in the Depression," Journal of Economic History , September 1979 (with D. Easley).
"Property Rights and the Financial Firm," Journal of Law and Economics , October 1981.
"Characterization of Optimal Plans for Stochastic Dynamic Programs," Journal of Economic Theory , December 1982 (with L. Blume and D. Easley).
"Asymmetric Information and the Coordination of Decision Making," in Productivity in Distribution , D. Gautschi (ed.), Elsevier, North Holland, 1983.
"A Dynamic Theory of the Banking Firm," Journal of Finance , March 1983.
"The Economic Role of the Nonprofit Firm," Bell Journal of Economics , Autumn 1983 (with D. Easley).
"Tax-Exempt Financing: Some Lessons from History," Journal of Money, Credit, and Banking , November 1983.
"Commodity Bonds and Consumption Risks," Journal of Finance, March 1984.
"Technology and Hedging Behavior: A Proof of Hicks' Conjecture," American Economic Review , December 1985.
"Optimal Non-profit Firms," in The Economics of Nonprofit Institutions: Studies in Structure and Policy , S. Rose-Ackerman (editor), Oxford University Press, New York, 1986 (with D. Easley).
"The Microeconomics of Market Making," Journal of Financial and Quantitative Analysis , December 1986 (with G. Oldfield).
"Building Blocks: An Introduction to Block Trading," Journal of Banking and Finance , 11 (1987), (with K. Burdett).
"Comments on Amihud and Mendleson," Journal of Finance, July 1987.
"Price, Trade Size, and Information in Securities Markets," Journal of Financial Economics , 19 (1987), (with D. Easley).
"Contracts and Asymmetric Information in the Theory of the Firm," Journal of Economic Behavior and Organization, 9 (1988), (with D. Easley).
"Primes and Scores: An Essay on Market Imperfections," Journal of Finance , December 1989 (with R. Jarrow).
"Financial Contracts and International Lending," Journal of Banking and Finance , 14 (1990).
"Deposit Insurance and Wealth Effects: The Value of Being 'Too Big to Fail'," Journal of Finance , December 1990 (with W. Shaw).
"Order Form and Information in Securities Markets," Journal of Finance , July 1991, (with D. Easley).
"Public Ends, Private Means: Central Banking and the Profit Motive, 1823-1832," Journal of Monetary Economics , 28 (1991), 287-322, (with R. A. Highfield and J.H. Wood).
"Extracting Rents with Forward Contracts," International Journal of Industrial Organization , 10 (1992), 103-125, (with P. DeGraba).
"Adverse Selection and Large Trade Volume: The Implications for Market Efficiency," Journal of Financial and Quantitative Analysis , 27(2), June 1992, 185-208, (with D. Easley).
"Time and the Process of Security Price Adjustment," Journal of Finance , 47 (2), June 1992, 577-607, (with D. Easley).
"Real Bills Revisited: Market Value Accounting and Loan Maturity", Journal of Financial Intermediation , III(1), 1993.
"Market Statistics and Technical Analysis: The Role of Volume," Journal of Finance , (with L. Blume and D. Easley), 1994.
"Market Microstructure," in the Handbook of Finance , edited by R.A. Jarrow, V. Maksimovic, and W. T. Ziemba, in the Handbooks in Operations Research and Management Science (North Holland Press), (with D. Easley), 1995.
"Do Open Market Operations Matter? Theory and Evidence from the Second Bank of the United States," Journal of Economic Dynamics and Control, (with R. A. Highfield and B. Smith), 20 (1996).
"Cream - Skimming or Profit - Sharing? The Curious Role of Purchased Order Flow", Journal of Finance , (with D. Easley and N. Kiefer), July 1996.
"Liquidity, Information, and Infrequently Traded Stocks", Journal of Finance , (with D. Easley, N. Kiefer, and J. Paperman), September 1996.
"The Information Content of the Trading Process", Journal of Empirical Finance , (with D. Easley and N. Kiefer), No. 4, 1997.
"High Frequency Data in Financial Markets: Issues and Applications", Journal of Empirical Finance , (with C. A. E. Goodhart), No. 4, 1997.
"One Day in the Life of a Very Common Stock", Review of Financial Studies , (with D. Easley and N. Kiefer), Fall 1997.
“Experiences sur la transparence des marches”, in Organisation et qualite des marches financiers , ed. B. Biais, D. Davydoff, and B. Jacquillat, Presses Universitaires de France, 1997, (with R. Bloomfield).
“The Law and Economics of Best Execution”, Journal of Financial Intermediation , (with J. R. Macey), 6, (1997)
"Option Volume and Stock Prices: Evidence on Where Informed Traders Trade", Journal of Finance , (with D. Easley and P.S. Srinivas), 53 (2), 1998.
"Financial Analysts and Information-based Trade", Journal of Financial Markets , (with D. Easley and J. Paperman), 1(2), 1998, 175 – 202.
“Does Order Preferencing Matter?” Journal of Financial Economics , (with R. Bloomfield) 50 (1998) 3-37.
“Liquidity and Less Frequently Traded Stocks”, in Equity Market Structure for Large- and Mid- Cap Stocks , ed. R. Schwartz and W. Gerke, (Deutsche Borse), 1998.
“The Regulation of Exchanges and Alternative Trading Systems: A Law and Economics Perspective”, Journal of Legal Studies , (with J. Macey), 28(1), 1999, 17-54.
“Market Transparency: Who Wins and Who Loses?” Review of Financial Studies , (with R. Bloomfield), 12(1), 1999, 5-36.
“A Guide to the Initial Public Offering Process,” Corporate Finance Review , March 1999 (with K. Ellis and R. Michaely).
“Globalization, Exchange Governance, and the Future of Exchanges,” Brookings- Wharton Papers on Financial Services , (with J. Macey), 1999.
“Making Market Microstructure Matter”, Financial Management , Summer, 1999.
“Can Transparent Markets Survive?” Journal of Financial Economics , (with R. Bloomfield), 2000
“When the Underwriter is the Market Maker: An Examination of Trading in the IPO Aftermarket,” Journal of Finance , (with K. Ellis and R. Michaely), 55(3), 2000, 1039-1074.
“The Interaction of Law, Finance, and Markets,” Journal of Financial Intermediation , (with J. Macey) 9 (2000), 113-116.
“The Accuracy of Trade Classification Rules: Evidence from Nasdaq,” Journal of Financial and Quantitative Analysis, (with K. Ellis and R. Michaely), 35,(4), 2000, 529-551.
“How Stock Splits Affect Trading: A Microstructure Approach”, Journal of Financial and Quantitative Analysis , (with D. Easley and G. Saar), 36 (1), 2001, 25-51.
“Designing Markets for Developing Countries”, International Review of Finance , 2(4), 2001. Also published in SASIN Management Review, 7, APFA supplement, December 2001.
“Overview: Market Structure Issues in Market Liquidity”, in Market Liquidity: Proceedings of a Workshop Held at the BIS, BIS Papers , No. 2 (2001), April, Basel, 1-8.
“The Economics of Listing Fees and Listing Requirements,” Journal of Financial Intermediation , (with J. Macey),11 (2002), 297-319.
“Is Information Risk a Determinant of Asset Prices?” Journal of Finance , (with D. Easley and S. Hvidjkaer), 57(5), 2002, 2185-2223.
“The Making of a Dealer Market: From Entry to Equilibrium in the Trading of NASDAQ Stocks”, Journal of Finance , (with K. Ellis and R. Michaely), 57(5), 2002, 2289-2317.
“Solving the Corporate Governance Problems of Banks: A Proposal,” The Banking Law Journal , (with J. Macey), 120(4), 2003, 326-348.
“The Corporate Governance of Banks”, FRBNY Economic Policy Review, (with J. Macey), April 2003, 91-107. Reprinted in The ICFAI Journal of Bank Management , 2(3), August 2003, 35-56.
“Microstructure and Asset Pricing”, in the Handbook of Financial Economics , ed. by G. Constantinides, M. Harris, and R. Stulz, Elsevier- North Holland, (with D. Easley), 2003.
“Presidential Address: Liquidity and Price Discovery,” Journal of Finance , 58 (4), 2003, 1335-1354.
“Information and the Cost of Capital,” Journal of Finance , (with D. Easley), 59, 2004.
“Searching for a New Center: U.S. Securities Markets in Transition,” Economic Review , Federal Reserve Bank of Atlanta, Fourth Quarter 2004.
“The “Make or Take” Decision in an Electronic Market: Evidence on the Evolution of Liquidity”, Journal of Financial Economics , (with R. Bloomfield and G. Saar), 75(1), 2005, 165-200.
“Best Execution Regulation: From orders to markets,” Journal of Financial Transformation , (with J. Macey) February, 2005, 43-55.
“Stock Transfer Restrictions and Issuer Choice in Trading Venues,” Case Western Reserve Law Rev iew, (with J. Macey), 55(3), Spring 2005, 587-616.
“From Markets to Venues: Securities Regulation in an Evolving World,” Stanford Law Review (with J. Macey), 58(2), November 2005, 563-598.
“Optimal Microstructures,” European Financial Management Review , forthcoming.
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