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.

"About this title" may belong to another edition of this title.

Store Description

Selling books: medical, engineering, law: ZWe have been selling books for over 22 years from Phoenix AZ USA.

Visit Seller's Storefront

Seller's business information

BOOKWEST
AZ, U.S.A.

Sale & Shipping Terms

Terms of Sale

Welcome.
contact info:

Vasant Abhyanker
4211 E Wilshire Dr
Phoenix
AZ 85008

Phone: 602-957-0956

Shipping Terms

Hardcoer or Bubblepack packaging.

Shipping rates within U.S.A.

Shipping rates within U.S.A.
Order quantity	5 to 14 business days	3 to 6 business days
First item	US$ 4.99	US$ 9.99

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.