The second edition of this authoritative textbook continues the tradition of providing clear and concise descriptions of the new and classic concepts in financial theory. The authors keep the theory accessible by requiring very little mathematical background.
First edition published by Prentice-Hall in 2001- ISBN 0130174467.
The second edition includes new structure emphasizing the distinction between the equilibrium and the arbitrage perspectives on valuation and pricing, as well as a new chapter on asset management for the long term investor.
"This book does admirably what it sets out to do - provide a bridge between MBA-level finance texts and PhD-level texts....
many books claim to require little prior mathematical training, but this one actually does so.
This book may be a good one for Ph.D students outside finance who need some basic training in financial theory or for those looking for a more user-friendly introduction to advanced theory.
The exercises are very good."
--Ian Gow, Student, Graduate School of Business, Stanford University
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Completely updated edition of a popular and classic text in financial theoryFrom the Back Cover:
Intermediate Financial Theory, Second Edition
Jean-Pierre Danthine and John B. Donaldson
“Intermediate Financial Theory, Second Edition is an excellent book that introduces financial asset pricing theory as a natural extension of microeconomic and general equilibrium theory. The exposition of classic and recent results is clear, thorough and accessible to any economist or graduate student who has a good grounding in microeconomic theory. Having mastered this material the reader is well equipped to tackle the many variations of asset pricing models in the literature.
― Frank Milne, Professor of Economics and Finance, Queen’s University, Ontario, Canada
Intermediate Financial Theory, Second Edition is ideally suited to students wishing to gain a deeper understanding of the basic concepts of financial economics beyond those presented in a typical MBA program without having to deal with unnecessary mathematical details. The exposition is superb and sure to greatly enrich the reader’s knowledge of the subject. The book, written by two of the profession’s leading experts, is unique.
― Rajnish Mehra, Professor of Finance, University of California, Santa Barbara, USA
Intermediate Financial Theory, Second Edition continues the tradition of providing clear and concise descriptions of the new and classic concepts in financial theory. Professors Danthine and Donaldson keep the theory accessible by requiring very little mathematical background and instead focusing on clear explanations of key concepts.
Intermediate Financial Theory, Second Edition includes a new structure, emphasizing the distinction between the equilibrium and the arbitrage perspective on valuation and pricing, as well as a completely new chapter on asset management for the long-term investor.
Jean-Pierre Danthine is Professor of Economics and Finance at the University of Lausanne, Switzerland, and Director of the International Center for Financial Asset Management and Engineering, Lausanne and Geneva, Switzerland.
John B. Donaldson is the Mario J. Gabelli Professor of Finance at Columbia Business School, New York, USA.
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Descripción Academic Press, 2005. Hardcover. Estado de conservación: New. Never used!. Nº de ref. de la librería P110123693802
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Descripción St Louis, Missouri, U.S.A.: Academic Pr, 2005. Hardcover. Estado de conservación: New. 2nd Edition. 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, item will ship out from either LA or Asia st. Nº de ref. de la librería ABE-9595663137
Descripción Academic Press, 2005. Hardcover. Estado de conservación: New. 2. Nº de ref. de la librería DADAX0123693802
Descripción Academic Pr, 2005. Hardcover. Estado de conservación: Brand New. 2nd edition. 377 pages. 10.25x7.50x1.00 inches. In Stock. Nº de ref. de la librería __0123693802