By
Jean-Pierre Danthine, Institute for Banking and Finance, HEC University of Lausanne, Switzerland
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
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
Included in series
Academic Press Advanced Finance
Audience:
Primary audience: Students in master's or Ph.D. programs in Finance