Fischer Black was a remarkable social scientist, one whose
contributions range from the lofty perch of highbrow theory to the
trenches of practical application. The papers represented in this
work span the same range, the contributions of a remarkable array
of financial economists who embody in different ways Fischer's
ideal of insight from economic theory that both guides and is
rooted in the kind of detailed observation of relevant aspects of
actual financial markets. It is hoped that readers find this volume
to be both a fitting tribute and a stimulus to further research.
After all, the advancement of economic science remained a constant
goal throughout Fischer's remarkable career in the many and
disparate venues in which he plies his trade.
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