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Asset Pricing Theory

About Asset Pricing Theory

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.

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  • Language:
  • English
  • ISBN:
  • 9780691139852
  • Binding:
  • Hardback
  • Pages:
  • 368
  • Published:
  • February 28, 2009
  • Dimensions:
  • 166x244x29 mm.
  • Weight:
  • 746 g.
Delivery: 2-4 weeks
Expected delivery: December 11, 2024

Description of Asset Pricing Theory

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.

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