{"product_id":"foundations-for-financial-economics-9780135006535","title":"Foundations for Financial Economics","description":"\u003cp\u003eBased on formal derivations of financial theory  this volume provides a rigorous exploration of individuals 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 that pay off in more than one state of nature; the pricing of options; rational expectation models of risky asset prices; signaling models; how multiperiod dynamic economies can be modeled; a multiperiod economy with emphasis on valuation by arbitrage; econometric issues associated with testing capital asset pricing models. For readers interested in a rigorous overview of financial economicsn individual consumption point of view.  1988\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45651859046453,"sku":"ByrdShop_0135006538","price":128.44,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780135006535.jpg?v=1781842509","url":"https:\/\/atxbooks.com\/products\/foundations-for-financial-economics-9780135006535","provider":"ATX Books","version":"1.0","type":"link"}