Stock Image

Dynamic Asset Pricing Theory,3ed

Duffie, Darrell;Duffie, J. Darrell

15 ratings by Goodreads
ISBN 10: 069109022X / ISBN 13: 9780691090221
Published by Ewing, New Jersey, U.S.A.: Princeton Univ Pr, 2001
New Condition: New Hardcover
From LINDABOOK (Taipei, TP, Taiwan)

AbeBooks Seller Since September 7, 2005

Quantity Available: 11

Buy New
List Price: US$ 130.00
Price: US$ 61.60 Convert Currency
Shipping: US$ 9.90 From Taiwan to U.S.A. Destination, Rates & Speeds
Add to basket

30 Day Return Policy

About this Item

Ship out 1-2 business day,Brand new,US edition, Free tracking number usually 2-4 biz days delivery to worldwide Same shipping fee with US, Canada,Europe country, Australia, please use your post office system to track the item, item will ship out from either LA or Asia,k. Bookseller Inventory # ABE-5235263630

Ask Seller a Question

Bibliographic Details

Title: Dynamic Asset Pricing Theory,3ed

Publisher: Ewing, New Jersey, U.S.A.: Princeton Univ Pr

Publication Date: 2001

Binding: Hardcover

Book Condition:New

Edition: 3rd Edition

About this title

Synopsis:

This is a thoroughly updated edition of Dynamic Asset Pricing Theory, the standard text for doctoral students and researchers on the theory of asset pricing and portfolio selection in multiperiod settings under uncertainty. The asset pricing results are based on the three increasingly restrictive assumptions: absence of arbitrage, single-agent optimality, and equilibrium. These results are unified with two key concepts, state prices and martingales. Technicalities are given relatively little emphasis, so as to draw connections between these concepts and to make plain the similarities between discrete and continuous-time models.


Readers will be particularly intrigued by this latest edition's most significant new feature: a chapter on corporate securities that offers alternative approaches to the valuation of corporate debt. Also, while much of the continuous-time portion of the theory is based on Brownian motion, this third edition introduces jumps--for example, those associated with Poisson arrivals--in order to accommodate surprise events such as bond defaults. Applications include term-structure models, derivative valuation, and hedging methods. Numerical methods covered include Monte Carlo simulation and finite-difference solutions for partial differential equations. Each chapter provides extensive problem exercises and notes to the literature. A system of appendixes reviews the necessary mathematical concepts. And references have been updated throughout. With this new edition, Dynamic Asset Pricing Theory remains at the head of the field.

About the Author:

Darrell Duffie is the James Irvin Miller Professor of Finance at the Graduate School of Business, Stanford University. He teaches and does research in the area of asset valuation, risk management, credit risk modeling, and fixed-income and equity markets. His other books include Security Markets: Stochastic Models and Futures Markets.

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

Store Description

Visit Seller's Storefront

Terms of Sale:

LINDABOOK
P,O,Box 70-223, Taipei, Taiwan
jes4linda1@yahoo.com
011-886-910150631


Shipping Terms:

Orders usually ship within 2 business days. Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required. We ship via USPS Priority and Express Mail from either California or Asia.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express