To order this title, and for more information, click here Second Edition
By Jean-Pierre Danthine, Institute for Banking and Finance, HEC University of Lausanne, Switzerland John Donaldson, Mario J. Gabelli Professor of Finance, Columbia Business School, New York
Description The second edition of this authoritative textbook continues the tradition of providing clear and concise descriptions of the new and classic
concepts in financial theory. The authors keep the theory accessible by requiring very little mathematical background.
First edition
published by Prentice-Hall in 2001- ISBN 0130174467.
The second edition includes new structure emphasizing the distinction between the
equilibrium and the arbitrage perspectives on valuation and pricing, as well as a new chapter on asset management for the long term investor.
"This book does admirably what it sets out to do - provide a bridge between MBA-level finance texts and PhD-level texts....
many books
claim to require little prior mathematical training, but this one actually does so.
This book may be a good one for Ph.D students outside
finance who need some basic training in financial theory or for those looking for a more user-friendly introduction to advanced theory.
The exercises are very good."
--Ian Gow, Student, Graduate School of Business, Stanford University
Audience
Primary audience: Students in master's or Ph.D. programs in Finance
Contents PART I : INTRODUCTION
Chapter 1: On the Role of Financial Markets and Institutions
Chapter 2: The Challenges of Asset Pricing: A Roadmap
PART II: THE DEMAND FOR FINANCIAL ASSETS
Chapter 3: Making Choices in Risky Situations
Chapter 4: Measuring Risk and Risk Aversion
Chapter
5: Risk Aversion and Investment Decisions, Part I
Chapter 6: Risk Aversion and Investment Decisions, Part II: Modern Portfolio Theory
PART III: EQUILIBRIUM PRICING
Chapter 7: The Capital Asset Pricing Model: Another View about Risk
Chapter 8: Arrow-Debreu Pricing I
Chapter
9: The Consumption Capital Asset Pricing Model (CCAPM)
PART IV: ARBITRAGE PRICING
Chapter 10: Arrow-Debreu Pricing II: the Arbitrage
Perspective
Chapter 11: The Martingale Measure : Part I
Chapter 12: The Martingale Measure : Part II
Chapter 13: The Arbitrage Pricing
Theory (APT)
PART V: EXTENSIONS
Chapter 14: Portfolio Management in the long run
Chapter 15: Financial Structure and Firm Valuation in
Incomplete Markets
Chapter 16: Financial Equilibrium with Differential Information
EXERCISES
Books and book related electronic products are priced in US dollars (USD), euro (EUR), and Great Britain Pounds (GBP). USD prices apply to the Americas and Asia Pacific. EUR prices apply in Europe and the Middle East. GBP prices apply to the UK and all other countries.
Home | Elsevier Sites | Privacy Policy | Terms and Conditions | Feedback | Site Map | A Reed Elsevier Company