INTRODUCTION TO THE SERIES
Advisory Editors:
Kenneth J. Arrow, Stanford University, George C. Constantinides, University of
Chicago, Harry M. Markowitz, University of California, San Diego, Robert C. Mer-
ton, Harvard University, Stewart C. Myers, Massachusetts Institute of Technology, Paul
A. Samuelson, Massachusetts Institute of Technology, and William F. Sharpe, Stanford
University.
The Handbooks in Finance are intended to be a definitive source for comprehensive
and accessible information in the field of finance. Each individual volume in the series
presents an accurate self-contained survey of a sub-field of finance, suitable for use
by finance and economics professors and lecturers, professional researchers, graduate
students and as a teaching supplement. The goal is to have a broad group of outstanding
volumes in various areas of finance.
William T. Ziemba
University of British Columbia
Publisher’s Note
For a complete overview of the Handbooks in Finance Series, please refer to the listing
at the end of this volume.
v