Editorial Reviews
Book Description
The first edition of Theory of Valuation is a collection of important papers in the field of theoretical financial economics published from 1973 to 1986, and original accompanying essays contributed by eminent researchers including Robert C Merton, Edward C Prescott, Stephen A Ross, and Joseph E Stiglitz.
Since then, with the perspective of major theoretical strides in the field, the book has more than fulfilled its original expectations. The realization that it remains today a compendium of classic articles and a must-read for any serious student in theoretical financial economics, has prompted the publication of a new edition.
This second edition presents a summary statement of significant research in theoretical financial economics for both the specialist and non-specialist financial economist. It also provides material for PhD-level courses covering valuation theory, and elective reading for advanced Master's and undergraduate courses.
In addition to reproducing the original contributions, this edition includes the seminal paper by Edward C Prescott and Rajnish Mehra, "Recursive Competitive Equilibrium: The Case of Homogeneous Households," originally published in Econometrica in 1980.
About the Author
Sudipto Bhattacharya is a professor of finance at the University of Michigan. George Constantinides is a professor of finance at the Graduate School of Business, University of Chicago.
--This text refers to the
Hardcover
edition.
Theory of Valuation,Sudipto Bhattacharya,George M. Constantinides,World Scientific Publishing Company,9812563741,Business & Economics,Business / Economics / Finance,Business/Economics,Economics,Economics - Theory,Finance,Investments & Securities - General,Valuation theory
Book Details:
Recommended Books