Financial Securities - Market Equilibrium and Pricing Methods

Finance is an area of business practice that has been deeply influenced by theoretical developments. This book provides the basic theoretical foundations necessary to understand how three broad classes of assets - stocks, options and bonds - are valued on financial markets, while developing the crucial concepts of market equilibrium and arbitrage. The analysis is rigorous, yet successfully bridges the gap between mathematical and non-mathematical approaches to provide a book which will be of interest to both academics and practitioners.

Product details

• Authors: Blaise Allaz Bernard Dumas, Bernard Dumas
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 22.04.2014
• EAN: 9780538847773
• ISBN: 978-0-538-84777-3
• No. of pages: 378
• Weight: 605 g
• Illustrations: XVI, 378 p.
• Series: Current Issues in Finance; Current Issues in Finance
• Subject: Social sciences, law, business > Business > Economics