Leonard MacLean

Professor Emeritus


Related Information

Email: L.C.MacLean@dal.ca
Phone: 902-494-2972
Fax: 902-494-1107
Mailing Address: 
Kenneth C. Rowe Management Building
6100 University Ave, PO Box 15000
Halifax, Nova Scotia, Canada B3H 4R2



  • PhD, MA (Dalhousie)
  • BEd, BA (St. Francis Xavier)

Current Teaching

  • BUSI 5503    Quantitative Decision Making (MBA FS)

Research Interests

Professor MacLean’s research focuses on stochastic models in finance, and models for repairable systems in aviation.

Selected Publications

  • Handbook of the Fundamentals of Financial Decision Making. Parts I & II. MacLean, L.C. & Ziemba, W. Singapore: World Scientific Publishing  (2013)
  • Currency returns, market regiimes and behavioral biases. MacLean, L., Zhao, Y. & Ziemba, W. Annals of Finance 9(2), 249-269  (2012)
  • Aggregate risk measures for dynamic systems from operational data.  MacLean, L. & Richman, A. International Journal of Risk, Quality and Safety Engineering 19(4), 1-23  (2012)
  • The bond-stock yield differential as a risk indicator in financial markets. Consigli, G., MacLean, L., Zhao, Y. & Ziemba, W.  Journal of Risk 11(3),1-22  (2009)
  • Covariance complexity and rates of return on assets. MacLean, L., Foster, M. & Ziemba, W.T.  Journal of Banking and Finance 31(11), 3503-3523  (2007)

Selected Awards and Honours

  • 2014  Rowe Business School Researcher of the Year award