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Anonymous users2024-02-06Sanford Grossman.
Academic Experience. He received his bachelor's, master's, and doctoral degrees from the University of Chicago.
After graduation, he worked at Princeton University, the University of Chicago, and Stanford University.
He has been at the University of Pennsylvania since 1978.
Since 1989, he has been a professor of finance at the Wharton School.
Since 1994, he has been the Director of the Center for Quantitative Finance.
Honorary titles. 1977-1978 Economic Adviser, Federal Reserve Board.
Fellow of the Econometric Society since 1980.
1987 John Bates Clark Medal, American Economic Association.
1988 Quantitative Finance Research Institute Roger FMurray Award.
Fellow of the American Academy of Science and Arts, 1988.
Since 1994, he has been a member of the editorial board of Finance India and a consultant of Mathematical Finance.
Research Interests: Market information.
Market liquidity.
Transaction costs. Representative works.
1."the informational role of upstairs and downstairs trading." journal of business 65 (october 1992).
The Role of Information in Transactions, Business Journal, October 1992.
with stiglitz)
2."on the impossibility of informationally efficient markets." american economic review (june 1980).
with oliver
3."the cost and benefits of ownership: a theory of vertical and lateral integration"Journal of Political Economy 1986, Costs and Benefits of Ownership:
Theories of Vertical and Horizontal Integration, Journal of Political Economy, Vol. 94, No. 4, 1986.
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Anonymous users2024-02-05When Lenin was a child, he broke a vase beloved by his aunt at his aunt's house. He bravely confessed to his aunt that he had broken it. The aunt did not punish him, but praised him for being honest and good.
This story tells us: as long as you are honest and have the courage to admit your mistakes, it is not terrible, the most terrible thing is not to dare to admit it.
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Anonymous users2024-02-04The founder and founder of modern physics, the greatest scientist of the 20th century, was born in Ulm, Germany, on March 14, 1879, and died in Princeton, USA, on April 18, 1955.
The Rothschild family is a prestigious financial family in Europe and even the world, known as the "Sixth Empire" of Europe. Mayer Amschel Rothschild (February 23, 1744 – September 19, 1812): The founder of the Rothschild family, the father of international finance, and the European banking giant, founded the world's first multinational company and pioneered international financial business.
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