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Review
"The book therefore deserves a place on the bookshelf of every finance professor and student in finance." -- Journal of Finance, 2001
About the Author
Born and raised in Belgium, Peter Bossaerts received a licentiate and doctorandus degree in applied economics from the University of Antwerp. After coursework towards a Master's in statistics at the Vrije Universiteit Brussel, he changed to the University of California, Los Angeles, where he finished his PhD in Management (Finance) under Richard Roll. His first appointment as assistant professor was at Carnegie Mellon University's Graduate School of Industrial Administration. Peter Bossaerts is presently the William D Hacker Professor of Economics and Management and Professor of Finance at the California Institute of Technology. He has taught undergraduate, MBA, PhD and executive classes in finance at various places across the world. He is Co-Editor of the Review of Finance, a past associate editor of the Review of Financial Studies, and currently on the board of the Annals of Finance, Mathematical Finance, The Journal of Financial Econometrics, The Journal of Financial Markets, and Foundations and Trends in Economic Theory. While his research has encompassed many areas of theoretical and empirical finance, he is predominantly interested in discovering fundamental principles in the interplay between individual behavior and aggregate phenomena in competitive financial markets. Unlike most finance researchers, he has been using controlled experiments as main inference tool. This work has been awarded two prizes. His experimental work has led him to investigate the neural foundations of perception and choice under uncertainty. Born and raised in Norway, Bernt Arne Odegaard got his Bachelor and Masters degrees in Business Administration at the Norwegian School of Economics and Business Administration in Bergen, Norway. He went on to doctoral studies at Carnegie Mellon University's Graduate School of Industrial Administration, receiving his PhD in 1992. His thesis paper on estimation of taxes implicit in bond prices, written with Richard C Green, was published in the Journal of Finance. Bernt Arne Odegaard was assistant professor at the Universities of Illinois (Chicago) and British Columbia (Vancouver) before becoming an Associate Professor at the BI Norwegian School of Management in Oslo, Norway, in 1995. Bernt Arne Odegaard's research is predominantly empirical, but has spanned such areas as fixed income, market microstructure, international finance and corporate governance. His research is published in journals like the Journal of Finance, Journal of Financial Markets and the Journal of International Money and Finance. Bernt Arne Odegaard also holds an advisory position in Norges Bank, the Central Bank of Norway, where he advises on Financial Markets Issues.
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