James Dow is professor of finance at London Business School. His main research interests are the effect of limited arbitrage capital on stock price dynamics, financial fire sales, and bubbles. Professor Dow has also worked on executive compensation and the role of financial markets on corporate resource allocation decisions. He has served as editor of the Review of Economic Studies. Professor Dow has also held positions at the University of Pennsylvania and the European University Institute. His research has been published in the Journal of Political Economy, the Review of Economic Studies, Econometrica, the Journal of Finance, and the Review of Financial Studies. Professor Dow’s consulting experience includes giving advice on valuation, the cost of capital, and corporate governance and providing expert testimony. He earned an MA from the University of Cambridge and a PhD from Princeton University.