Asset Pricing Theory

Zusatztext "I am sure any ambitious student who has read it will be drawn into the field immediately. . . . I like the book very much and would recommend it for use in any serious asset pricing theory subject." ---Qi Zeng, Economic Record Informationen zum Autor Costis Skiadas is the Harold L. Stuart Professor of Finance at Northwestern University's Kellogg School of Management. Klappentext "Costis Skiadas has given us the definitive self-contained treatment of neoclassical asset pricing theory. There is nothing more rigorous, elegant, or thoughtful on the subject." --Darrell Duffie, Graduate School of Business, Stanford University " Asset Pricing Theory is a significant contribution to the field because it fills a void and does so in a masterful way. It will be useful to economists, mathematicians, financial engineers, and physicists who wish to read a high-level and rigorous development of the subject. I predict that this book will remain a standard reference for many years to come." --George M. Constantinides, University of Chicago Zusammenfassung Offers an introduction to the theoretical and methodological foundations of competitive asset pricing. This book develops the fundamentals of arbitrage pricing, mean-variance analysis, equilibrium pricing, and optimal consumption/portfolio choice in discrete settings, with emphasis on geometric and martingale methods.

Product details

• Authors: Skiadas, Costis Skiadas
• Publisher: Princeton University Press
• Languages: English
• Product format: Hardback
• Released: 26.05.2009
• EAN: 9780691139852
• ISBN: 978-0-691-13985-2
• No. of pages: 368
• Dimensions: 163 mm x 240 mm x 25 mm
• Series: Princeton Series in Finance; Princeton Series in Finance
• Subjects: Social sciences, law, business > Business; Business & Economics / Investments & Securities / General, Finance, BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Econometrics, Investment & securities, Econometrics, Investment and securities, Econometrics and economic statistics, Finance and the finance industry