Dynamic Asset Pricing Theory: Third Edition

by Darrell Duffie and J. Darrell Duffie

This is a thoroughly updated edition of Dynamic Asset Pricing Theory, the standard text for doctoral students and researchers on the theory of asset pricing and portfolio selection in multiperiod settings under uncertainty. The asset pricing results are based on the three increasingly restrictive assumptions: absence of arbitrage, single-agent optimality, and equilibrium. These results are unified with two key concepts, state prices and...

• Format: Hardcover
• Language: English
• ISBN: 069109022x
• ISBN13: 9780691090221
• Release Date: November 2001
• Publisher: Princeton University Press
• Length: 488 Pages
• Weight: 1.88 lbs.
• Dimensions: 1.3" x 6.1" x 9.2"