Item type

Ebook

Language

English

Publication year

2009

ISBN

978-0-08-092143-3

Note

• 365 authorized readings

Subjects

FINANCIAL MARKET - CORPORATE FINANCE

The models of portfolio selection and asset price dynamics in this book seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as several different modeling approaches, the authors depict the state of debate on the market selection hypothesis. By explicitly assuming the heterogeneity of investors, they present models that are descriptive and normative as well, making the volume useful for both finance theorists and financial practitioners : explains the market dynamics of asset prices, offering insights about asset management approaches ; assumes a heterogeneity of investors that yields descriptive and normative models of portfolio selections and asset pricing dynamics.