Satya R. Chakravarty 
An Outline of Financial Economics [PDF ebook] 

支持

“An Outline of Financial Economics” presents a systematic treatment of theory and methodology of finance and economics. It begins by discussing financial instruments, which form the basis of the theory of finance and are defined as legal documents recording monetary transactions. The text then goes on to analyze bonds – which are regarded as fixed income securities – in a simple framework, and to discuss the valuation of stocks and cash flows in detail.


The text follows an analytical and geometric methodology, explaining technical terms and mathematical operations in nontechnical language. It also provides intuitive explanations of the mathematical results of questions concerning important issues such as risk aversion, uncertainty, prospect theory and the theory of stochastic dominance.


The text also covers two alternative approaches to portfolio analysis – namely the mean-variance and mean-Gini approaches – and features an analysis of the Modigliani–Miller theorem, which has played a major role in the development of business finance. It discusses the capital asset pricing model and the intricacies of the methods for determining prices of different types of options, which give the right to buy or sell an asset. Conditions for non-arbitrage that do not allow advantage of price discrimination between markets are also developed.


Because of its wide coverage and analytical, articulate and authoritative presentation, “An Outline of Financial Economics” will be an indispensable book for finance researchers and undergraduate and graduate students in fields such as economics, finance, econometrics, statistics and mathematics.

€37.99
支付方式

表中的内容

Preface; PART I: INTRODUCTION AND BASIC CONCEPTS; 1. Basic Concepts; 2. Intertemporal Decision-Making and Time Value of Money; 3. Risk and Uncertainty; PART II: FIRM VALUATION AND CAPITAL STRUCTURE; 4. Valuation of Stocks; 5. Valuation of Cash Flows and Capital Budget Allocation; 6. Financial Structure of a Firm; PART III: FIXED INCOME SECURITIES AND OPTIONS; 7. Valuation of Bonds and Interest Rates; 8. Markets for Options; 9. Arbitrage and Binomial Model; 10. Brownian Motion and Itō’s Lemma; 11. The Black–Scholes–Merton Model; 12. Exotic Options; 13. Risk-Neutral Valuation and Martingales; PART IV: PORTFOLIO MANAGEMENT THEORY; 14. Portfolio Management: The Mean-Variance Approach; 15. Stochastic Dominance; 16. Portfolio Management: The Mean-Gini Approach; Bibliography; Index

关于作者

Satya R. Chakravarty is Professor of Economics at the Indian Statistical Institute in Kolkata, India.
购买此电子书可免费获赠一本!
语言 英语 ● 格式 PDF ● 网页 314 ● ISBN 9780857285751 ● 文件大小 65.8 MB ● 出版者 NBN International – Anthem Press ● 国家 GB ● 发布时间 2013 ● 下载 24 个月 ● 货币 EUR ● ID 4787718 ● 复制保护 Adobe DRM
需要具备DRM功能的电子书阅读器

来自同一作者的更多电子书 / 编辑

34,473 此类电子书