ACKNOWLEDGMENTS

The idea for this book was proposed to us by George Lobell, former acquisitions editor of Blackwell. George argued the need for a book that focused on the principles of financial economics, fully using the mathematical and statistical training that economics students now acquire, and at the same time assisting those students with the practicalities of applying their economics training. George was especially keen on providing the students both with unusual intellectual challenges and with exciting new research results. We have attempted to achieve those goals.

George handed the reins to Lacey Vitetta, the acquisitions editor at Wiley who guided us to the completion of this project. Along the way she obtained helpful comments from the following reviewers: