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Sanford "Sandy" Jay Grossman (born July 21, 1953) is an American economist and hedge fund manager specializing in quantitative finance.Grossman’s research has spanned the analysis of information in securities markets, corporate structure, property rights, and optimal dynamic risk management.He has published widely in leading economic and business journals, including American …

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with Robert J. Shiller: w0690. Published: Grossman, Sanford J. and Robert J. Shiller, "Consumption Correlatedness and Risk Measurement in Economies with Non-traded Assets and Heterogeneous Information." Journal of Financial Economics, Vol. 10, No. 2 (July 1982), pp. 195-210.

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Sanford "Sandy" Jay Grossman (born July 21, 1953) is an American economist and hedge fund manager specializing in quantitative finance.Grossman’s research has spanned the analysis of information in securities markets, corporate structure, property rights, and optimal dynamic risk management.He has published widely in leading economic and business journals, including American …

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Grossman, Sanford J., An Analysis of the Implications for Stock and Futures Price Volatility of Program Trading and Dynamic Hedging Strategies (August 1987). NBER Working Paper No. w2357. Who Buys and Sells Options: The Role and Pricing of Options in an Economy with Background Risk.

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An Analysis of the Implications for Stock and Futures

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Sanford J. Grossman. Department of Finance, the Wharton School, University of Pennsylvania, Philadelphia, PA. Search for more papers by this author. Zhongquan Zhou. Click on an option below to access. View Enhanced PDF Access article on Wiley Online Library (HTML view)