"This volume is an authoritative collection of twenty-five key papers in the development of continuous time finance. Its five sections cover the continuous time model, dynamic portfolio selection, equilibrium models, derivative pricing and, finally, term structure and other applications. It includes seminal contributions in areas such as: the martingale approach to no-arbitrage pricing; dynamic models of consumption and portfolio selecti ..."
"Stephen C. Schaefer, Charles T. Horngren. VII. Demonstration. Problems.
Demonstration Problem #1 The trial balance of Harry's Hiking Guides on May 1,
19X9 lists the entity's assets, liabilities, and owner's equity. The business was
established by Harry Hancock. Balance Account Title Debit Credit Cash $ 8,000
Equipment 24,000 Accounts Payable $ 5,000 Harry Hancock, Capital 27,000
During May, the business performed the following tran ..."
"The efficient market theory asserts that the price of a security reflects all available information about its fundamental value. A consequence of the theory is that it is impossible to consistently beat the market and speculation must be a loser's game. Hence, an indexing strategy is bound to eventually beat a strategy that uses active management, where active management is characterized as trading that seeks to exploit mispriced assets ..."
Mixed Blessing The Dramatic True Story of a Woman's Search for Her Real Mother by Doris Mcmillon, Michele Sherman, StephenSchaefer Hardcover, 247 Pages, Published 1985 by St. Martin's Press ISBN-13: 978-0-312-53527-8, ISBN: 0-312-53527-9
"This book was originally published in 1986. During the decade preceding publication there were a number of significant developments in financial economics and major contributions made both by individuals who could be classified as conventional financial economists and by others who do not fit easily into this category - theoretical microeconomists, public and industrial economists. This volume contains a selection from the papers presen ..."
"This book was originally published in 1986. During the decade preceding publication there were a number of significant developments in financial economics and major contributions made both by individuals who could be classified as conventional financial economists and by others who do not fit easily into this category - theoretical microeconomists, public and industrial economists. This volume contains a selection from the papers presen ..."
"Praise for the previous edition This book is a compendium of the statistical arrows that should be in any quantitative risk managers quiver It includes extensive discussion of dynamic volatility models extreme value theory copulas and credit risk Academics Ph D students and quantitative practitioners will find many new and useful results in this important volume -Robert F Engle III 2003 Nobel Laureate in Economic Sciences Michael Armell ..."
" Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing. Costis Skiadas develops in depth the fundamentals of arbitrage pricing, mean-variance analysis, equilibrium pricing, and optimal consumption/portfolio choice in discrete settings, but with emphasis on geometric and martingale metho ..."
Credit Risk Modeling(1st Edition) Theory and Applications (Princeton Series in Finance) by David Lando, Darrell Duffie, StephenSchaefer Hardcover, 328 Pages, Published 2004 by Princeton University Press ISBN-13: 978-0-691-08929-4, ISBN: 0-691-08929-9
" Credit risk is today one of the most intensely studied topics in quantitative finance. This book provides an introduction and overview for readers who seek an up-to-date reference to the central problems of the field and to the tools currently used to analyze them. The book is aimed at researchers and students in finance, at quantitative analysts in banks and other financial institutions, and at regulators interested in the modeling ..."
"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 ..."
"This book was originally published in 1986. During the decade preceding publication there were a number of significant developments in financial economics and major contributions made both by individuals who could be classified as conventional financial economists and by others who do not fit easily into this category - theoretical microeconomists, public and industrial economists. This volume contains a selection from the papers presen ..."
" Financial econometrics is a great success story in economics. Econometrics uses data and statistical inference methods, together with structural and descriptive modeling, to address rigorous economic problems. Its development within the world of finance is quite recent and has been paralleled by a fast expansion of financial markets and an increasing variety and complexity of financial products. This has fueled the demand for people ..."