Steven Grenadier is the
William F. Sharpe Professor of Financial Economics at the Stanford Graduate
School of Business and a Research Associate at the National Bureau of
Economic Research (NBER). He chaired the finance group at Stanford
(2003-2006). He received his BS from the University of California at Berkeley
and his PhD from Harvard University. His research focuses on applying option
pricing theory to real investment analysis. Topics have included the impact
of competition and private information on option exercise decisions, the
underpinnings of real estate cycles, the analysis of lease contracts, and the
modeling of investment decisions of those with time-inconsistent preferences.
He is an Editor of the Journal of Real Estate Finance and Economics and an
Associate Editor of the Journal of Economic Dynamics and Control. He teaches
courses in investments and real estate at the MBA level, and the theory of
finance at the PhD level. He is a director of E*Trade Funds, a director of
Nicholas Applegate Institutional Funds,
a director of AQR Funds, and a consulting Financial Economist with Financial
Engines.