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Faculty Directory

Office: 474
Fax: 206-543-7472

Foster School of Business
University of Washington
Box: 353226
Seattle, WA 98195-3226

Individuals who call for stronger regulation of futures markets because of well-publicized financial disasters like the bankruptcy of Orange County fail to realize that these markets thrive because they provide an efficient way for companies to reduce risk. Regulations that increase the cost of trading futures could increase risk.

Peter Frost

Professor Emeritus of Finance and Business Economics


PhD University of California, Los Angeles (1966)
MA University of California, Los Angeles (1961)
BA Occidental College (1959)

Current Research

Determinants of risk in the stock market

Positions Held

At the University of Washington since 1969
Visiting professor at the University of Virginia, 1974
Assistant professor at Carnegie-Mellon University, 1964-1969


Gulf Oil Company, capital budgeting manual
Weyerhaeuser, analysis of an investment strategy
Office of the Attorney General, State of Washington, witness on banking regulations

Honors and Awards

U.S. Bank of Washington Faculty Fellow, 1988-1996

Academic Service

Director of the Doctoral Program, 1990-1996
Chairman of the Department of Finance and Business Economics, 1981-1990
Editor of the Journal of Financial and Quantitative Analysis, 1987-1989