Financial asset pricing theory
By: Munk, Claus
Material type:
BookPublisher: Oxford : Oxford University Press, c2013; ©2013.Description: xi, 585 p. : ill. ; 25 cm.ISBN: 9780198716457; 0199585490 (hbk.)Subject(s): Capital assets pricing model -- Textbooks | Finance -- Mathematical models -- Textbooks | Investments -- Mathematical models -- Textbooks | Capital assets pricing model | Finance -- Mathematical models | Investments -- Mathematical modelsDDC classification: 332.041 Online resources: Location Map | Item type | Home library | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|
| REGULAR | University of Wollongong in Dubai Main Collection | 332.041 MU FI (Browse shelf) | Available | T0053757 |
Includes bibliographical references and index.
1. Introduction and overview -- 2.Uncertainty, information, and stochastic processes -- 3. Portfolios, arbitrage, and market completeness -- 4 .State prices -- 5. Preferences -- 6. Individual optimality -- 7.Market equilibrium -- 8.Basic consumption-based asset pricing -- 9. Advanced consumption-based asset pricing -- 10. Factor models -- 11. The economics of the term structure of interest rates -- 12. Risk-adjusted probabilities -- 13. Derivatives.
The book presents models for the pricing of financial assets such as stocks, bonds, and options. The models are formulated and analyzed using concepts and techniques from mathematics and probability theory. It presents important classic models and some recent 'state-of-the-art' models that outperform the classics.