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Robert A. Jarrow

    Continuous-Time Asset Pricing Theory
    • Continuous-Time Asset Pricing Theory

      A Martingale-Based Approach

      • 484pagine
      • 17 ore di lettura

      Focusing on asset pricing theory, this revised textbook delves into significant market phenomena, including stock market bubbles. It presents new insights on state-dependent preferences and market efficiency, while offering a comprehensive overview of multiple-factor models based on the principles of no arbitrage and no dominance. The updated edition enhances understanding of these concepts, making it a valuable resource for those interested in the intricacies of financial markets.

      Continuous-Time Asset Pricing Theory