Detalls del llibre
Modern asset pricing models play a central role in finance and economic theory and applications. This book introduces a structural theory to evaluate these asset pricing models and throws light on the existence of Equity Premium Puzzle. Based on the structural theory, some algebraic (valuation-preserving) operations are developed in asset spaces and pricing kernel spaces. This has a very important implication leading to practical guidance in portfolio management and asset allocation in the global financial industry. The book also covers topics, such as the role of over-confidence in asset pricing modeling, relationship of the portfolio insurance with option and consumption-based asset pricing models, etc.
Llegir més - ISBN13 9789812704559
- ISBN10 9812704558
- Pàgines 76
- Any Edició 2026
- Fecha de publicación 06/05/2026
- Idioma Alemany, Francès
Ressenyes i valoracions
Asset Pricing: A Structural Theory And Its Applications (Alemany, Francès)
- De
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- World Scientific Publishing Company (2026)
- 9789812704559



