
Financial Economics, Risk And Information: An Introduction To Methods And Models
An Introduction to Methods and Models
- 540 pages
- English
- PDF
- Available on iOS & Android
Financial Economics, Risk And Information: An Introduction To Methods And Models
An Introduction to Methods and Models
About this book
Latest Edition: Financial Economics, Risk and Information (2nd Edition) This book presents a balanced blend of pure finance and contract theory in the presence of risk, alternative forms of information structures, and static and dynamic frameworks. In particular, it provides an introduction to the use of stochastic methods in financial economics and finance. The following topics are covered: financial risk and asset pricing and asset returns under alternative contractual arrangements, portfolio choice, individual behavior towards risk, general equilibrium under uncertainty in discrete and continuous time settings, indivisibilities and nonconvexities in a general equilibrium context, contract theory, mechanism design and principal-agent relationships in partial and general equilibrium contexts, credit markets, and option pricing.
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Information
Table of contents
- CONTENTS
- FOREWORD
- INTRODUCTION
- 1. Basic Mathematical Tools
- 2. Mean-Variance Approach to Financial Decision-Making
- 3. Expected Utility Approach to Financial Decision-Making
- 4. Introduction to Systems of Financial Markets
- 5. Contracts, Contract Design, and Static Agency Relationships
- 6. Non-convexities and Lotteries in General Equilibrium
- 7. Dynamics I: Discrete Time
- 8. Dynamics II: Continuous Time
- Index