| Springer Nature B.V.

72,980원  | 20121122  | 9783642534133

The modern field of asset pricing asks for sound pricing models grounded on the theory of financial economies a la Ingersoll (1987) as weIl as for accu­ rate estimation techniques a la Hamilton (1994b) when it comes to empirical inferences of the specified model.

B.p. Kellerhals  | Springer

0원  | 20040527  | 9783540208532

The modern field of asset pricing asks for sound pricing models grounded on the theory of financial economics as well as for accurate estimation techniques when it comes to empirical inferences of the specified model. This book provides a canonical framework that shows how to bridge the gap between the continuous-time pricing practice in financial engineering and the capital market data inevitably only available at discrete-time intervals. Starting with a comprehensive treatment of the particular stochastic modeling and econometric estimation framework, the main parts of the book cover applications to risky assets traded on the markets for funds, fixed-income products and electricity derivatives. The second edition newly incorporates the financial modeling chapter which elaborates on the vital PDE- and EMM-approaches. The reorganized and improved text further integrates the latest research contributions in the three covered application fields.

 | Mdpi AG

145,980원  | 20221209  | 9783036558455

This book is comprised of articles published in a Special Issue of the Journal of Risk and Financial Management entitled "Frontiers in Asset Pricing" with Guest Editors Professor James W. Kolari and Professor Seppo Pynnonen. The book contains papers in various areas related to asset pricing: (1) models; (2) multifactors; (3) theory; (4) empirical tests; (5) applications; (6) other asset classes; and (7) international tests.

 | Morgan & Claypool

45,620원  | 20101231  | 9781608454952

This is a short book on the fundamental concepts of the no-arbitrage theory of pricing financial derivatives. Its scope is limited to the general discrete setting of models for which the set of possible states is finite and so is the set of possible trading times--this includes the popular binomial tree model. This setting has the advantage of being fairly general while not requiring a sophisticated understanding of analysis at the graduate level.

 | Springer Nature B.V.

72,980원  | 20100802  | 9783031035272

This is a short book on the fundamental concepts of the no-arbitrage theory of pricing financial derivatives. Its scope is limited to the general discrete setting of models for which the set of possible states is finite and so is the set of possible trading times--this includes the popular binomial tree model. This setting has the advantage of being fairly general while not requiring a sophisticated understanding of analysis at the graduate level.

Princeton University Press  | Princeton University Press

51,300원  | 20171031  | 9780691160801

From the field's leading authority, the most authoritative and comprehensive advanced-level textbook on asset pricing Financial Decisions and Markets is a graduate-level textbook that provides a broad overview of the field of asset pricing. John Campbell, one of the field's most respected authorities, introduces students to leading theories of portfolio choice, their implications for asset prices, and empirical patterns of risk and return in financial markets.

Pennacchi, George  | Addison Wesley Publishing Company

275,940원  | 20070131  | 9780321127204

KEY MESSAGE:Theory of Asset Pricingunifies the central tenets and techniques of asset valuation into a single, comprehensive resource that is ideal for the first PhD course in asset pricing. Single Period Portfolio Choice and Asset Pricing:Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM, Arbitrage, and Linear Factor Models; Consumption-Savings and State Pricing;Multi-Period Consumption, Portfolio Choice, and Asset Pricing:A Multi-Period Discrete Time Model; Multi-Period Market Equilibrium;Part III Contingent Claims Pricing:Basics of Derivative Pricing; Diffusion Processes and Itocirc;rsquo;s Lemma; Dynamic Hedging and PDE Valuation; Arbitrage, Martingales, Pricing Kernels; Mixing Diffusion and Jump Processes;Asset Pricing in Continuous Time:Continuous Time Portfolio Choice; Equilibrium Asset Returns; Time-Inseparable Utility;Additional Topics in Asset Pricing:Behavioral Finance and Asset Pricing; Asset Pricing with Differential Information; Term Structure Models; Models of Credit Risk MESSAGE:For all readers interested in asset valuation.

Cochrane, John H.  | Princeton University Press

111,050원  | 20050103  | 9780691121376

Winner of the prestigious Paul A. Samuelson Award for scholarly writing on lifelong financial security, John Cochrane's Asset Pricing now appears in a revised edition that unifies and brings the science of asset pricing up to date for advanced students and professionals. Cochrane traces the pricing of all assets back to a single idea--price equals expected discounted payoff--that captures the macro-economic risks underlying each security's value.

 | World Scientific

223,380원  | 20030201  | 9789810245634

Real estate finance is a fast-developing area where top quality research is in great demand. In the US, the real estate market is worth about US$4 trillion, and the REITs market about US$200 billion; tens of thousands of real estate professionals ...

Cochrane, John H.  | Princeton

0원  | 20010101  | 9780691074986

Tapiero, Charles/ /  | Wiley

142,160원  | 20210101  | 9780470549469

* With an eye toward the future, he has crafted a comprehensive and practical book that emphasizes an intuitive approach to the financial and quantitative foundations of financial and risk engineering and its many applications to asset pricing and risk management.

 | 50Minuten.de

18,230원  | 20181210  | 9782808011372

In nur 50 Minuten das CAPM verstehenMit dem Captial Asset Pricing Model, einer der beliebtesten Methoden zur Risikobewertung, kann die erwartete Rendite eines beliebigen Wertpapiers anhand des jeweiligen bestehenden Risikos berechnet werden. Das Modell kann als eine Fortfuhrung der modernen Portfoliotheorie von Harry Markowitz gesehen werden und baut auf dessen Hypothesen auf (wie die freie Verfugbarkeit von Informationen, risikofreudige und rational handelnde Investoren etc.).

 | LAP Lambert Academic Publishing

124,100원  | 20190911  | 9786200314345

This study intends to identify the better model in explaining variations of average stock returns of listed companies in the CSE when time series and cross sectional regressions are employed. The sample consists of all stocks listed in the main board of the CSE except Bank, Finance and Insurance Sector during the period from 1997 to 2014.

Nagel, Stefan  | Princeton University Press

75,660원  | 20210511  | 9780691218700

A groundbreaking, authoritative introduction to how machine learning can be applied to asset pricing Investors in financial markets are faced with an abundance of potentially value-relevant information from a wide variety of different sources. In such data-rich, high-dimensional environments, techniques from the rapidly advancing field of machine learning (ML) are well-suited for solving prediction problems. Accordingly, ML methods are quickly becoming part of the toolkit in asset pricing research and quantitative investing. In this book, Stefan Nagel examines the promises and challenges of ML applications in asset pricing. Asset pricing problems are substantially different from the settings for which ML tools were developed originally. To realize the potential of ML methods, they must be adapted for the specific conditions in asset pricing applications. Economic considerations, such as portfolio optimization, absence of near arbitrage, and investor learning can guide the selection and modification of ML tools. Beginning with a brief survey of basic supervised ML methods, Nagel then discusses the application of these techniques in empirical research in asset pricing and shows how they promise to advance the theoretical modeling of financial markets. Machine Learning in Asset Pricing presents the exciting possibilities of using cutting-edge methods in research on financial asset valuation.

 | 50Minutes.com

18,230원  | 20150902  | 9782806269973

Make smart investment decisions to build a strong portfolioThis book is a practical and accessible guide to understanding and implementing the capital asset pricing model, providing you with the essential information and saving time.