From academia to practice

Review

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It would be difficult for anyone not to agree that this interesting tome, now in its second edition, is ambitious. Any book that attempts to bridge worlds would be described with a similar adjective, and that is just the impression one is left with after reading this one. What most experts agree with (but which few prefer to discuss openly) is that disciplines related to the financial markets exhibit something of a gap between academically credible research and development, and practice on

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