Theory of valuation
Author(s)
Bibliographic Information
Theory of valuation
World Scientific, c2005
2nd ed
Available at 16 libraries
Note
Includes bibliographical references
Description and Table of Contents
Description
The first edition of Theory of Valuation is a collection of important papers in the field of theoretical financial economics published from 1973 to 1986, and original accompanying essays contributed by eminent researchers including Robert C Merton, Edward C Prescott, Stephen A Ross, and Joseph E Stiglitz.Since then, with the perspective of major theoretical strides in the field, the book has more than fulfilled its original expectations. The realization that it remains today a compendium of classic articles and a must-read for any serious student in theoretical financial economics, has prompted the publication of a new edition.This second edition presents a summary statement of significant research in theoretical financial economics for both the specialist and non-specialist financial economist. It also provides material for PhD-level courses covering valuation theory, and elective reading for advanced Master's and undergraduate courses.In addition to reproducing the original contributions, this edition includes the seminal paper by Edward C Prescott and Rajnish Mehra, “Recursive Competitive Equilibrium: The Case of Homogeneous Households,” originally published in Econometrica in 1980.
Table of Contents
# Theory of Valuation: Overview and Recent Developments (G M Constantinides) # The Valuation of Uncertain Income Streams and the Pricing of Options (M Rubinstein) # An Intertemporal Asset Pricing Model with Stochastic Consumption and Investment Opportunities (D T Breeden) # Implementing Arrow-Debreu Equilibria by Continuous Trading of Few Long-Lived Securities (D Duffie & C-F Huang) # A Theory of the Term Structure of Interest Rates (J C Cox et al.) # Optimal Bond Trading with Personal Taxes (G M Constantinides & J E Ingersoll, Jr) # Capital Market Equilibrium with Transaction Costs (G M Constantinides) # Theory of Rational Option Pricing (R C Merton) # A Simple Approach to Arbitrage Pricing Theory (G Huberman) # Mutual Fund Separation in Financial Theory ? The Separating Distributions (S A Ross) # Recursive Competitive Equilibrium: The Case of Homogeneous Households (E C Prescott & R Mehra)
by "Nielsen BookData"