Bibliographic Information

Financial economics

Jürgen Eichberger, Ian R. Harper

Oxford University Press, c1997

  • : pbk
  • : hbk

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Note

Includes bibliographical references (p. 253-256) and index

Description and Table of Contents

Volume

: hbk ISBN 9780198774051

Description

Financial Economics is an exciting new field of study that integrates the theory of finance and financial institutions into the main body of economic theory. In doing so, it draws on insights from general equilibrium analysis, information economics, and the theory of contracts. Financial Economics is a self-contained and comprehensive introduction to the field for advanced undergraduate and post-graduate economists and finance specialists. It develops the main ideas in finance theory, including the CAPM, arbitrage pricing, option pricing, and the Modigliani-Miller theorem within an economic framework. Students of economics are shown how finance theory derives from foundations in economic theory, while students of finance are given a firmer appreciation of the economic logic underlying their favourite results. Financial Economics provides all of the technical apparatus necessary to read the modern literature in financial economics and the economics of financial institutions. The book is self-contained in that the reader is guided through branches of the theory, as necessary, in order to understand the main topics. Numerous examples and diagrams illustrate the key arguments, and the main chapters are followed by guides to the relevant literature and exercises for students.

Table of Contents

Introduction. 1: Decision-making under Uncertainty. Part I. Symmetric Information: Financial Markets. 2: Portfolio Choice. 3 Systems of Financial Markets: . 4: Arbitrage and Option Pricing. 5: Firms and Financial Markets. Part II. Asymmetric Information: Financial Contracts. 6: Debt Contracts and Credit Rationing. 7: Deposit Contracts and Banking. 8: Regulation of Banks. 9: Towards Application: Financial Markets and Financial Intermediaries. References. Index
Volume

: pbk ISBN 9780198775409

Description

Financial economics is an exciting new field of study that integrates the theory of finance and financial institutions into the main body of economic theory. In doing so, it draws on insights from general equilibrium analysis, information economics, and the theory of contracts. Financial Economics is a self-contained and comprehensive introduction to the field for advanced undergraduate and postgraduate economists and finance specialists. It develops the main ideas in finance theory, including the CAPM, arbitrage pricing, option pricing, and the Modigliani-Miller theorem within an economic framework. Students of economics are shown how finance theory derives from foundations in economic theory, while students of finance are given a firmer appreciation of the economic logic underlying their favourite results. Financial Economicsprovides all the technical apparatus necessary to read the modern literature in financial economics and the economics of financial institutions. The book is self-contained in that the reader is guided through branches of the theory, as necessary, in order to understand the main topics. Numerous examples and diagrams illustrate the key arguments, and the main chapters are followed by guides to the relevant literature and exercises for students.

Table of Contents

  • INTRODUCTION
  • PART I. SYMMETRIC INFORMATION: FINANCIAL MARKETS
  • PART II. ASYMMETRIC INFORMATION: FINANCIAL CONTRACTS
  • REFERENCES
  • INDEX

by "Nielsen BookData"

Details

  • NCID
    BA30554865
  • ISBN
    • 9780198775409
    • 0198774052
  • LCCN
    96032575
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    New York ; Oxford
  • Pages/Volumes
    xvii, 260 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
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