Suitable for doctoral students and researchers, this book talks about the theory of asset pricing and portfolio selection in multiperiod settings under uncertainty. The asset pricing results are based on the three restrictive assumptions: absence of arbitrage, single-agent optimality, and equilibrium.


Format Inbunden Omfång 488 sidor Språk Engelska Förlag Princeton University Press Utgivningsdatum 2001-10-21 ISBN 9780691090221