Douglas Gale has been a Professor in the Department of Economics since 1996. Among his research and teaching interests are the economics of finance, money and banking, general equilibrium theory and bounded rationality. He earned his B.Sc. in Economics and Mathematics from Trent University (1970); his M.A. in Economics from Carleton University (1972) and his Ph.D. in Economics from Cambridge University (1977). Dr. Gale is the author of numerous works including: Strategic Foundations of General Equilibrium: Dynamic Matching and Bargaining Games; Money in Disequilibrium; and Money in Equilibrium (Cambridge University Press, 2000, 1983, 1982). He also co-authored Comparing Financial Systems and Financial Innovation and Risk Sharing, both with Franklin Allen (MIT Press 1999, 1994), and he co-edited Economic Analysis of Markets and Games: Essays in Honor of Frank Hahn (MIT Press 1992). Dr. Gale is a Fellow of the Econometric Society, a Senior Fellow at the Financial Institutions Center at the Wharton School of the University of Pennsylvania and an Extraordinary (Title E) Fellow of Churchill College in the University of Cambridge.