full version read chapter generally like find non controversial well written course huge topic things discussed thought amount attention paid ols mle estimation bit overboard given really exploit results state likelihood function garch model might justify amount attention gave estimation simple iid processes could thought simple lead intuition builder interesting models actually use way discussion smiles discuss fat tails extensively least equity markets fat tails contribute much compared effect risk premia allude briefly using supply demand language end section impact risk premia see jun pan paper available web page covers sp 500 studies markets obviously much different chapter good service readers best darrell x lotus fromdomain ect vince j kaminski darrell duffie cc grant masson vince j kaminski date wed 16 aug 2000 16 37 53 0500 subject full version mime version 1 0 content disposition inline x uidl 00453 eda 98 c 82 709 e 6123 af 537 e 4 f 63 x keywords darrell thanks lot really appreciate text usual standards completely swamped work vince darrell duffie 08 15 2000 04 54 23 pm please respond darrell duffie vince j kaminski enron com cc subject full version look much time certainly get quick reaction least best darrell x lotus fromdomain ect vince j kaminski duffie stanford edu date thu 10 aug 2000 14 04 47 0500 subject full version mime version 1 0 content disposition inline x uidl 9 fef 7462 afa 5 4 ee 6 co 4 c 9 co 2 df 71 b 25 x keywords darrell grant alerted sent part text full chapter aged version gran part sent represents update contribution sorry vince see attached file volo 720 doc _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ darrell duffie mail gsb stanford ca 94305 5015 usa phone 650 723 1976 fax 650 725 7979 email duffie stanford edu web http www stanford edu duffie _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ darrell duffie mail gsb stanford ca 94305 5015 usa phone 650 723 1976 fax 650 725 7979 email duffie stanford edu web http www stanford edu duffie