PhD, Massachusetts Institute of Technology (1982)
BA, Warwick University (1977)
Dr. Srivastava is Associate Dean for Strategy and Special Projects at the J. Mack Robinson College of Business, Georgia State University.
Dr. Srivastava served on the faculty at the Tepper School of Business at Carnegie Mellon University until 2004, where he was the Alumni Chair Professor in Economics and Finance and also Associate Dean for Intellectual Strategy. He was one of the founders of the University’s Computational Finance program in 1994, widely recognized as the premier program of its kind in the world. He served as the founding director of the program for its first five years, and then on its steering committee until 2004. With Professor John O’Brien, Dr. Srivastava created the FAST Lab, a laboratory for financial education and research, including the first educational trading room at a business school. The Smithsonian Institution’s Archive of American History has made the progressive work of the FAST Lab part of its permanent research collection on innovative information technology and awarded it a Computerworld-Smithsonian medal. Between 2004 and 2006, he served as Chairman and Professor of Risk Management and Insurance at Georgia State University. Dr. Srivastava has also taught at the California Institute of Technology, ITESM in Mexico, and Aoyama Gakuin University in Japan. He has conducted executive education courses in the United States, England, Switzerland, and Australia.
Dr. Srivastava’s research interests include the design of financial contracts, the organization of financial markets, and experimental studies of asset markets. His research findings have appeared in journals including Econometrica, Journal of Finance, Journal of Economic Theory, Review of Financial Studies, Review of Economic Studies, and the Journal of International Economics. He has also served on the editorial boards of leading research publications and is the author of several textbooks.
Professionally, Dr. Srivastava has served on the NASD Technology Advisory Committee, the Scientific Advisory Council of FAME (Switzerland), the Scientific Board of ITG Inc., and the Institute for Defense Analysis. He has worked as a consultant with Morgan Stanley and the J. P. Morgan Private Bank. His served as a Director for Sovereign Debt Solutions (2002-2012), a capital markets advisory firm that was the negotiating team for retail creditors in the $100 billion Argentina debt restructuring. His involvement with FTS utilizes his experience with development of portfolio analytics, trading, and risk management systems in industry and he is actively engaged in the company’s creation of leading edge tools for educational trading rooms.
- “Arbitrage and the Tax Code,” (with Michael Gallmeyer), Mathematics and Financial Economics, 2011.
- “Modeling the Dynamic Dependence Structure in Multivariate Financial Time Series,” (with Mihaela Serban, Anthony Brockwell, John Lehoczky, Sanjay Srivastava), Journal of Time Series Analysis, 2007.
- “Default without Disruption: Simulation of a Sovereign Debt Restructuring,” (with Adam Lerrick), Journal of Restructuring Finance, 2004.
- “Value at Risk Analysis of a Leveraged Swap.” Journal of Risk, 1999. Reprinted in Value at Risk and Beyond, M. Dempster, ed.) Proceedings of the Isaac Newton Workshop on Risk Management, Cambridge University Press, 2001.
- “A Perspective on Credit Risk,” INQUIRE Europe, Proceedings of the INQUIRE Europe Seminar, March 2000. (Winner of the INQUIRE First Prize).
- “Undominated Nash Implementation in Bounded Mechanisms,” (with Matthew Jackson and Thomas Palfrey), Games and Economic Behavior, 1994.
- “Pre-Play Communication, Efficiency, and Initial Public Offerings,” (with Chester Spatt), Review of Financial Studies, 1991.
- “Dynamic Stock Markets with Multiple Assets: An Experimental Analysis,” (with John O’Brien), Journal of Finance, 1991.
- “Nash Implementation Using Undominated Strategies”, (with Thomas Palfrey), Econometrica, 1991.
- “Efficient Trading Mechanisms with Pre-Play Communication,” (with Thomas Palfrey), Journal of Economic Theory, 1991.
- “Implementation with Incomplete Information in Exchange Economies”, (with Thomas Palfrey), Econometrica, 1989.
- “On Repeated Moral Hazard with Discounting”, (with Stephen Spear), Review of Economic Studies, 1987.
- “The Covariation of Risk Premiums and Expected Future Spot Exchange Rates”, (with Robert Hodrick), Journal of International Money and Finance, 1986.
- “Foreign Currency Futures”, (with Robert Hodrick), Journal of International Economics, 1987.
- “Private Information in Large Economies”, (with Thomas Palfrey), Journal of Economic Theory, 1986.
- “Risk Aversion and Arbitrage”, (with Richard Green), Journal of Finance, 1985.
- “An Investigation of Risk and Return in Forward Foreign Exchange”, (with Robert Hodrick), Journal of International Money and Finance, 1984.