Comprehensive and unified presentation of modern asset pricing theory. Ideal main textbook for courses where the required readings often consists of a long list of research articles with varying focus, notation, and writing style Covers recent developments in asset pricing research. These state-of-the-art models are likely to be the basis of future practical applications and of future theoretical advances A balanced presentation that offers both formal mathematical modelling and economic intuition and understanding Each chapter includes a set of exercises making it easy for readers to test their knowledge Divided into chapters according to economic concepts and theories. This enables the reader to take the intuition and simplicity from one-period and discrete-time settings to a more mathematically demanding continuous-time setting.
|Número de páginas:||608|
|Ano de edição:||2015|
|Tipo de produto :||Livro|
|Assuntos :||Administração Financeira|