AHA-BUCH

Financial Asset Pricing Theory
-32 %

Financial Asset Pricing Theory

 Taschenbuch
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ISBN-13:
9780198716457
Einband:
Taschenbuch
Erscheinungsdatum:
01.03.2015
Seiten:
585
Autor:
Claus Munk
Gewicht:
912 g
Format:
233x154x35 mm
Sprache:
Englisch
Beschreibung:

The book presents models for the pricing of financial assets such as stocks, bonds, and options. The models are formulated and analysed using concepts and techniques from mathematics and probability theory. It presents important classic models and some recent 'state-of-the-art' models that outperform the classics.
Preface; 1 Introduction and Overview; 2 Uncertainty, Information, and Stochastic Processes; 3 Portfolios, Arbitrage, and Market Completeness; 4 State Prices; 5 Preferences; 6 Individual Optimality; 7 Market Equilibrium; 8 Basic Consumption-Based Asset Pricing; 9 Advanced Consumption-Based Asset Pricing; 10 Factor Models; 11 The Economics of the Term Structure of Interest Rates; 12 Risk-Adjusted Probabilities; 13 Derivatives; Appendix A. A Review of Basic Probability Concepts; Appendix B. Results on the Lognormal Distribution; Appendix C. Results from Linear Algebra
The book presents models for the pricing of financial assets such as stocks, bonds, and options. The models are formulated and analysed using concepts and techniques from mathematics and probability theory. It presents important classic models and some recent 'state-of-the-art' models that outperform the classics.