Finance and the economics of uncertainty
Author(s)
Bibliographic Information
Finance and the economics of uncertainty
Blackwell, 2006
- : hardcover
- : pbk
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Note
Includes index
Description and Table of Contents
Description
Finance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms.
Analyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices.
Includes end-of-chapter exercises that supply the necessary tools for a comprehensive understanding of the field.
Table of Contents
List of main symbols. Introduction.
I. Value by Arbitrage.
1. Financial instruments: an introduction.
2. Arbitrage.
II. Exchanging Risk.
3. Investors and their information.
4. Portfolio choice.
5. Optimal risk sharing and insurance.
6. Equilibrium on the stock exchange and risk sharing.
7. Trade and information.
8. Intertemporal valuation.
III. The Firm.
9. Corporate finance and risk.
10. Financing investments and limited liability.
Index
by "Nielsen BookData"
