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| Material Type: | Internet resource |
|---|---|
| Document Type: | Book, Internet Resource |
| All Authors / Contributors: |
Frank Milne |
| ISBN: | 0198773978 9780198773979 0198773986 9780198773986 |
| OCLC Number: | 31132660 |
| Description: | 128 p. : ill. ; 23 cm. |
| Contents: | 1. A Brief History of Finance Theory -- 2. Two-Date Models: Complete Markets -- 3. Incomplete Markets with Production -- 4. Arbitrage and Asset-Pricing: Induced-Preference Approach -- 5. Martingale Pricing Methods -- 6. Representative Consumers -- 7. Diversification and Asset-Pricing -- 8. Multiperiod Asset-Pricing: Complete Markets -- 9. General Asset-Pricing in Complete Markets -- 10. Multiperiod Asset-Pricing: Incomplete Asset-Markets. |
| Responsibility: | Frank Milne. |
| More information: |
Abstract:
This book provides a concise guide to financial asset pricing theory for economists. Assuming a basic knowledge of graduate microeconomic theory, it explores the fundamental ideas that underlie competitive financial asset pricing models with symmetric information. Using finite dimensional techniques, this book avoids sophisticated mathematics and exploits economic theory to clarify the essential structure of recent research in asset pricing. In particular it explores arbitrage pricing models with and without diversification, Martingale pricing methods, representative agent pricing models; discusses these ideas in two-date and multi-date models, and provides a range of examples from the literature.
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Similar Items
Related Subjects:(12)
- Finance -- Mathematical models.
- Capital assets pricing model.
- Assets
- Financas
- Modelo de precios de activos reales
- Financiering.
- Wiskundige modellen.
- Finances -- Modèles mathématiques.
- Modèle de fixation du prix des actifs.
- Capital-Asset-Pricing-Modell
- Immobilisations -- Prix.
- Mathématiques financières.
