Asset Pricing and Portfolio Choice Theory
Language: English
Published by Oxford University Press Inc, 2010
- Hardcover
- Used
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)
AbeBooks seller since December 20, 2007
Condition: Used - Good
£ 28.80
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Add to basketItem description from seller
This book is intended as a textbook for Ph.D. students in finance and as a reference book for academics. It is written at an introductory level but includes detailed proofs and calculations as section appendices. It covers the classical results on single-period, discrete-time, and continuous-time models. It also treats various proposed explanations for the equity premium and risk-free rate puzzles: persistent heterogeneous idiosyncratic risks, internal habits, external habits, and recursive utility. Most of the book assumes rational behavior, but two topics important for behavioral finance are covered: heterogeneous beliefs and non-expected-utility preferences. There are also chapters on asymmetric information and production models. The book includes numerous exercises designed to provide practice with the concepts and also to introduce additional results. Each chapter concludes with a notes and references section that supplies references to additional developments in the field.
Seller Inventory # 00108955533
- Title
- Asset Pricing and Portfolio Choice Theory
- Author
- Kerry Back
- Publisher
- Oxford University Press Inc
- Publication year
- 2010
- Condition
- Good
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0195380614
- ISBN 13
- 9780195380613
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World of Books (was SecondSale)
Montgomery, IL, U.S.A.
AbeBooks seller since December 20, 2007
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