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FROM THE FIRST EDITION:""The authors have provided an extremely thorough and up-to-date survey of microeconomic theories of financial intermediation. This work manages to be both rigorous and pleasant to read. Such a book was long overdue and should be required reading for anybody interested in the economics of banking and finance.""-- Mathias Dewatripont, Professor of Economics, ECARE, Université Libre de Bruxelles
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