Foundations for Financial Economics

by Chi-fu Huang

Book Overview

Based on formal derivations of financial theory, this volume provides a rigorous exploration of individual's consumption and portfolio decisions under uncertainty. Features in-depth coverage of such topics as: concepts of risk aversion and stochastic dominance; mathematical properties of a portfolio frontier; distributional conditions for mutual fund separation; capital asset pricing models and arbitrage pricing models; general pricing rules for securities...

• Format: Hardcover
• Language: English
• ISBN: 0444013105
• ISBN13: 9780444013101
• Release Date: January 1988
• Publisher: North-Holland
• Length: 365 Pages
• Weight: 1.75 lbs.