Articoli correlati a Financial Innovation and Risk Sharing
Sinossi
Franklin Allen and Douglas Gale have contributed substantially to the study of financial innovation, developing economic models to address the question of whether the market provides institutions and opportunities for individuals to share risks efficiently. In this book they assemble some of their key papers along with a five-chapter overview that not only synthesizes their work but provides a historical and institutional review and a discussion of alternative approaches as well.
The lengthy overview surveys the authors' approach to financial innovation, principally their development of a basic theory of risk sharing in an economy with incomplete markets. The first two chapters summarize the history of innovation and illustrate the types of innovation, innovators, and motives for innovation. Chapters three and four look at industrial organization approaches to innovation and outline the authors' theory. The fifth chapter discusses other approaches and an agenda for future research.
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L'autore
Franklin Allen is the Nippon Life Professor of Finance and Economics at the Wharton School, University of Pennsylvania.
Product Description
Book by Allen Franklin Gale Douglas
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Financial Innovation and Risk Sharing
Da: Better World Books, Mishawaka, IN, U.S.A.
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Condizione: Good. Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Codice articolo GRP102379262
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Financial Innovation & Risk Sharing - signed
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Hardcover. Condizione: Good. Signed copy. Financial Innovation and Risk Sharing by Franklin Allen and Douglas Gale - SignedFranklin Allen and Douglas Gale's work has included the study of financial innovation, developing economic models to address the question of whether the market provides institutions and opportunities for individuals to share risks efficiently. In this book the authors assemble some of their key papers along with a five-chapter overview that synthesizes their work and provides a historical and institutional review and also a discussion of alternative approaches. The overview surveys the authors' approach to financial innovation, principally their development of a basic theory of risk sharing in an ec. Codice articolo 453861
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Financial Innovation and Risk Sharing
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Condizione: Sehr gut. Zustand: Sehr gut | Seiten: 389 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Codice articolo 1272148/202
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Condizione: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In fair condition, suitable as a study copy. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,800grams, ISBN:0262011417. Codice articolo 3718394
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