This is a graduate level work covering the economic principles of security markets. Interested readers include students and researchers in economics and finance, as well as financial analysts following the latest theoretical developments in capital asset pricing.
"synopsis" may belong to another edition of this title.
"Contains extensive and very valuable references to both the mathematical and the financial economics literature. It will be (in fact, it already is) the main reference in the area of dynamic, competitive securities markets models with systematic information."
"This is a high-level introduction to the theory of security markets, dealing principally with the allocational role and valuation of financial securities in a competitive setting. The intent is to provide a unified general equilibrium framework for such recent advances in finance as:
the Sharpe-Litner Capital Asset Pricing Model and its discrete and continuous time analogues due to Lucas, Merton, and Breden the Black-Scholes Option Pricing Formula and its extensions into Martingale theory by Harrison and Kreps the continuous-time portfolio control models of Merton the term structure theory of Cox, Ingersoll, and Ross.
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Book Description Emerald Group Publishing Limit, 1988. Hardcover. Book Condition: New. Bookseller Inventory # P11012223345X
Book Description Academic Press, 1988. Hardcover. Book Condition: New. Bookseller Inventory # DADAX012223345X
Book Description Emerald Group Publishing Limited, 1988. Hardcover. Book Condition: New. book. Bookseller Inventory # 012223345X
Book Description EMERALD, 2016. Hardback. Book Condition: NEW. 9780122233456 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Print on Demand title, produced to the highest standard, and there would be a delay in dispatch of around 15 working days. Bookseller Inventory # HTANDREE01046475
Book Description Elsevier. Book Condition: New. pp. 250. Bookseller Inventory # 7371742
Book Description Academic Press, 1988. Hardcover. Book Condition: Brand New. 250 pages. 9.50x6.25x1.00 inches. In Stock. Bookseller Inventory # zk012223345X