the members of the Iowa State industrial organization s-.minar, and the participants in the economics seminar at Miami Univer sity all gave me useful suggestions in the development of the model in Chapter IV, William Kennedy supervised the computer work for some of the statistical tests of Chapter VI. Theodore Thornton, Charlotte Latta, and Shu Huang lent research and computational assistance in the early stages. Professors R.

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the members of the Iowa State industrial organization s-.minar, and the participants in the economics seminar at Miami Univer sity all gave me useful suggestions in the development of the model in Chapter IV, William Kennedy supervised the computer work for some of the statistical tests of Chapter VI. Theodore Thornton, Charlotte Latta, and Shu Huang lent research and computational assistance in the early stages. Professors R.

Ontario*I would like to thank Robin Carter, Joel Fried, Krishna Kadiyala and Frank Zappa for the 1. See Stone (1970) for a development of the efficiency frontier in risk-return space. various types of help they have provided.

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