The Paradox of Asset Pricing pdf epub mobi txt 电子书 下载 2024


The Paradox of Asset Pricing

简体网页||繁体网页
Peter Bossaerts
Princeton University Press
2002-2-10
192
USD 115.00
Hardcover
9780691090290

图书标签:  


喜欢 The Paradox of Asset Pricing 的读者还喜欢




      点击这里下载
          


      想要找书就要到 笔趣阁图书下载中心
      立刻按 ctrl+D收藏本页
      你会得到大惊喜!!

      发表于2024-06-16

      The Paradox of Asset Pricing epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

      The Paradox of Asset Pricing epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

      The Paradox of Asset Pricing pdf epub mobi txt 电子书 下载 2024



      图书描述

      Review

      This book, whose rousing style drew me in immediately, is remarkable in how well it is able honestly to convey the core of modern finance theory and then to go on to criticize it fairly.

      (Thomas Sargent, Stanford University, Hoover Institution )

      Product Description

      Asset pricing theory abounds with elegant mathematical models. The logic is so compelling that the models are widely used in policy, from banking, investments, and corporate finance to government. To what extent, however, can these models predict what actually happens in financial markets? In The Paradox of Asset Pricing, a leading financial researcher argues forcefully that the empirical record is weak at best. Peter Bossaerts undertakes the most thorough, technically sound investigation in many years into the scientific character of the pricing of financial assets. He probes this conundrum by modeling a decidedly volatile phenomenon that, he says, the world of finance has forgotten in its enthusiasm for the efficient markets hypothesis--speculation.

      Bossaerts writes that the existing empirical evidence may be tainted by the assumptions needed to make sense of historical field data or by reanalysis of the same data. To address the first problem, he demonstrates that one central assumption--that markets are efficient processors of information, that risk is a knowable quantity, and so on--can be relaxed substantially while retaining core elements of the existing methodology. The new approach brings novel insights to old data. As for the second problem, he proposes that asset pricing theory be studied through experiments in which subjects trade purposely designed assets for real money. This book will be welcomed by finance scholars and all those math--and statistics-minded readers interested in knowing whether there is science beyond the mathematics of finance.

      This book provided the foundation for subsequent journal articles that won two prestigious awards: the 2003 Journal of Financial Markets Best Paper Award and the 2004 Goldman Sachs Asset Management Best Research Paper for the Review of Finance.

      The Paradox of Asset Pricing 下载 mobi epub pdf txt 电子书

      著者简介

      Peter Bossaerts

      William D. Hacker Professor of Economics and Management and Professor of Finance

      Computational and Neural Systems Program, California Institute of Technology, Pasadena, CA

      Research Fellow

      Centre for Economic Policy Research, London, UK

      http://www.hss.caltech.edu/~pbs/


      图书目录


      The Paradox of Asset Pricing pdf epub mobi txt 电子书 下载
      想要找书就要到 笔趣阁图书下载中心
      立刻按 ctrl+D收藏本页
      你会得到大惊喜!!

      用户评价

      评分

      insightful examination of the tests for asset pricing theory. No Duffie-like complicated non-sense.

      评分

      insightful examination of the tests for asset pricing theory. No Duffie-like complicated non-sense.

      评分

      insightful examination of the tests for asset pricing theory. No Duffie-like complicated non-sense.

      评分

      insightful examination of the tests for asset pricing theory. No Duffie-like complicated non-sense.

      评分

      insightful examination of the tests for asset pricing theory. No Duffie-like complicated non-sense.

      读后感

      评分

      评分

      评分

      评分

      评分

      类似图书 点击查看全场最低价

      The Paradox of Asset Pricing pdf epub mobi txt 电子书 下载 2024


      分享链接









      相关图书




      本站所有内容均为互联网搜索引擎提供的公开搜索信息,本站不存储任何数据与内容,任何内容与数据均与本站无关,如有需要请联系相关搜索引擎包括但不限于百度googlebingsogou

      友情链接

      © 2024 twxs8.cc All Rights Reserved. 笔趣阁图书下载中心 版权所有