Description: Asset Pricing and Portfolio Choice Theory, Hardcover by Back, Kerry E., ISBN 0190241144, ISBN-13 9780190241148, Brand New, Free shipping in the US In the 2nd edition of Asset Pricing and Portfolio Choice Theory, Kerry E. Back offers a concise yet comprehensive introduction to and overview of asset pricing. Intended as a textbook for asset pricing theory courses at the . or Masters in Quantitative Finance level with extensive
exercises and a solutions manual available for professors, th is also an essential reference for financial researchers and professionals, as it includes detailed proofs and calculations as section appendices.
The first two parts of th explain portfolio choice and asset pricing theory in single-period, discrete-time, and continuous-time models. For valuation, the focus throughout is on stochastic discount factors and their properties. A section on derivative securities covers the usual derivatives
(options, forwards and futures, and term structure models) and also applications of perpetual options to corporate debt, real options, and optimal irreversible investment. A chapter on "explaining puzzles" and the last part of th provide introductions to a number of additional current topics
in asset pricing research, including rare disasters, long-run risks, external and internal habits, asymmetric and incomplete information, heterogeneous beliefs, and non-expected-utility preferences. Each chapter includes a "Notes and References" section providing additional pathways to the
literature. Each chapter also includes extensive exercises.
Price: 113.98 USD
Location: Jessup, Maryland
End Time: 2025-01-31T11:22:13.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Return policy details:
Book Title: Asset Pricing and Portfolio Choice Theory
Number of Pages: 712 Pages
Publication Name: Asset Pricing and Portfolio Choice Theory
Language: English
Publisher: Oxford University Press, Incorporated
Item Height: 1.5 in
Subject: Investments & Securities / Portfolio Management, Economics / General
Publication Year: 2017
Item Weight: 38.8 Oz
Type: Textbook
Subject Area: Business & Economics
Author: Kerry E. Back
Item Length: 9.3 in
Series: Financial Management Association Survey and Synthesis Ser.
Item Width: 6.2 in
Format: Hardcover
