Financial Economics - Brossura

Eichberger, J^D"urgen; Harper, Ian R.

Brossura

ISBN 10: 0198775407 ISBN 13: 9780198775409

Casa editrice: OUP Oxford, 1997

Riassunto

Financial economics is an exciting new field of study that integrates the theory of finance and financial institutions into the main body of economic theory. In doing so, it draws on insights from general equilibrium analysis, information economics, and the theory of contracts.

Financial Economics is a self-contained and comprehensive introduction to the field for advanced undergraduate and postgraduate economists and finance specialists. It develops the main ideas in finance theory, including the CAPM, arbitrage pricing, option pricing, and the Modigliani-Miller theorem within an economic framework.

Students of economics are shown how finance theory derives from foundations in economic theory, while students of finance are given a firmer appreciation of the economic logic underlying their favourite results. Financial Economicsprovides all the technical apparatus necessary to read the modern literature in financial economics and the economics of financial institutions. The book is self-contained in that the reader is guided through branches of the theory, as necessary, in order to understand the main topics.

Numerous examples and diagrams illustrate the key arguments, and the main chapters are followed by guides to the relevant literature and exercises for students.

Su questo libro

L'autore:

Jurgen Eichberger is at University of Saarland. Ian R. Harper is at Melbourne Business School.

Contenuti:

• Introduction
• 1.: Decision-making under Uncertainty
• Part I. Symmetric Information: Financial Markets
• 2.: Portfolio Choice
• 3. Systems of Financial Markets:
• 4.: Arbitrage and Option Pricing
• 5.: Firms and Financial Markets
• Part II. Asymmetric Information: Financial Contracts
• 6.: Debt Contracts and Credit Rationing
• 7.: Deposit Contracts and Banking
• 8.: Regulation of Banks
• 9.: Towards Application: Financial Markets and Financial Intermediaries
• References
• Index

Su questa edizione

• Editore: OUP Oxford
• Data di pubblicazione: 1997
• ISBN 10: 0198775407
• ISBN 13: 9780198775409
• Rilegatura: Copertina flessibile
• Numero di pagine: 280