Theory of Asset Pricing
| Author | : | |
| Rating | : | 4.87 (565 Votes) |
| Asin | : | 032112720X |
| Format Type | : | paperback |
| Number of Pages | : | 400 Pages |
| Publish Date | : | 2014-07-06 |
| Language | : | English |
DESCRIPTION:
Single-Period Portfolio Choice and Asset Pricing: Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM, Arbitrage, and Linear Factor Models; Consumption-Savings and State Pricing; Multiperiod Consumption, Portfolio Choice, and Asset Pricing: A Multiperiod Discrete Time Model of Consupmtion; Multiperiod Market Equilibrium; Contingent Claims Pricing: Basics of Derivative Pricing; Essentials of Diffusion Processes and Itô’s Lemma; Dynamic Hedging and PDE Valuation; Arbitrage, Martingales, Pricing Kernels; Mixing Diffusion and Jump Processes; Asset Pricing in Continuous Time: Continuous-Time Consumption and Portfolio Choice; Equilibrium Asset Returns; Time-Inseparable Utility; Additional Topics in Asset Pricing: Behavioral Finance and Asset Pricing; Asset Pricing with Differe
. From the Back CoverTheory of Asset Pricingunifies the central tenets and techniques of asset valuation into a single, comprehensive resource that is ideal for the first PhD course in asset pricing.Single-Period Portfolio Choice and Asset Pricing:Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM, Arbitrage, and Linear Factor Models; Consumption-Savings and State Pricing;Multiperiod Consumption, Portfolio Choice, and Asset Pricing:A Multiperiod Discrete Time Model of Consupmti
Finance Theory Introductory approach to asset pricing theory presented for various levels of students. Provides a good template for teaching Investments Ph.D. or M.S. theory course.. "Five Stars" according to Yuan Chen. good. Excellent book I spent a semester reading this book in detail and I must say it is really good. That's because it strikes a perfect balance between mathematical rigor and easiness of reading. There are many other financial economics texts that cover similar or the same topics
Pennacchi received a Sc.B. Office of Management and Budget, the World Bank, and the International Monetary Fund. He has been a visiting professor at Università Bocconi in Milan, Italy, and was a member of the finance faculty at the Wharton School of the University of Pennsylvania. Mr. Currently, he is an edit