Hany Fahmy is a professor and the finance intellectual lead of the Faculty of Management at Royal Roads University. Fahmy’s field of specialization is time series econometrics and its applications to economic/finance theory. In his research, he uses tools from mathematics and statistics to test hypotheses in finance and economics. Recently, Fahmy became more interested in decision theory. His current research focuses on extending classical consumer choice theory to account for multiple preference orderings. His extension theorem has many interesting applications in various fields. Fahmy’s work has been published in many academic journals.
Fahmy has taught economics, finance, statistics and mathematics at various academic institutions in Canada and other countries. He has taught and supervised student research in MBA and PhD programs. In addition to his academic appointments, Fahmy has over 10 years experience in financial and economic consulting. He has performed various market studies, feasibility studies, cost-benefit analysis and project appraisals for both private and public sector clients.
Fahmy holds a doctoral degree in economics from Concordia University, a master degree in economics from the American University and an undergraduate degree in mathematics from University of Toronto. He also holds a bachelor degree in business administration and foreign trade. He was awarded the Balvir Singh Award for academic excellence on the basis of an outstanding GPA of 4.02 in Concordia’s doctoral program.
Master of Arts in Economics
Bachelor of Science in Mathematics
University of Toronto
Fahmy, H. (forthcoming). “Investors’ adaptation to climate change: A temporal portfolio choice model with diminishing climate duration hazard.” In Business Policy Solutions to Climate Change- From Mitigation to Adaptation, edited by Walker, T., McGaughey, J., Goubran, S., and Wagdy, N., Palgrave Macmillan.
Fahmy, H. (2021). How technological emergence, saturation, and rejuvenation are re-shaping the e-commerce landscape and disrupting consumption? A time series analysis. Applied Economics, 53(6): 742-759. DOI: 10.1080/00036846.2020.1813249
Fahmy, H. (2020). Is the sharing economy causing a regime switch in consumption? Journal of Applied Economics, 23(1): 281-298. DOI: 10.1080/15140326.2020.1750121
Fahmy, H. (2020). Mean-variance-time: An extension of Markowitz’s mean-variance portfolio theory. Journal of Economics and Business, 109(1): 1-13. DOI: 10.1016/j.jeconbus.2019.105888
Fahmy, H. (2019). Classifying and modeling nonlinearity in commodity prices using Incoterms. The Journal of International Trade and Economic Development, 28(8): 1019-1046. DOI: 10.1080/09638199.2019.1629616
Fahmy, H. (2017). Testing the empirical validity of the adaptive markets hypothesis, Review of Economic Analysis, 9(1): 169-184. https://openjournals.uwaterloo.ca/index.php/rofea/article/view/1440
Fahmy, H. (2016). Evidence that financial markets are efficient sometimes and inefficient most of the time, Rimini Conference in Economics and Finance.
Fahmy, H. (2014). Modeling nonlinearities in commodity prices using smooth transition regression models with exogenous transition variables. Journal of Statistical Methods and Applications, 23(4): 577-600. DOI: 10.1007/s10260-014-0275-6
Fahmy, H. (2012). Regime Switching in Commodity Prices (thesis). Concordia University, Montreal, Canada. https://spectrum.library.concordia.ca/36071/