Burton Hollifield is the PNC Professor of Financial Economics at the Tepper School of Business at Carnegie Mellon University. Hollifield has taught courses in Investments, Corporation Finance, Portfolio Management, and Fixed Income at the Graduate and Undergraduate programs at Carnegie Mellon University and the University of British Columbia. He has won the George Leland Bach teaching award in the MBA program and the Undergraduate Teaching Award at Carnegie Mellon University. Professor Hollifield has served on the editorial boards of several academic journals including the Journal of Finance, Review of Economic Studies, Review of Finance, Journal of Financial Intermediation, Journal of Economic Dynamics and Control, and Management Science, and is a board member for the Carnegie Rocheste...