Intermediate Financial Theory by Jean-Pierre Danthine
Offers descriptions of different concepts in financial theory. This book emphasizes the distinction between the equilibrium and the arbitrage perspectives on valuation and pricing. It includes a chapter on asset management for the long term investor.
"This is an excellent book that introduces financial asset pricing theory as a natural extension of microeconomic and general equilibrium theoryThe 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, Queen’s University, Professor of Economics and Finance "This book 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 enriching of intuition. The book, written by two of the professions leading experts, is unique." --Rajnish Mehra, Professor of Finance, University of California, Santa Barbara
Jean-Pierre Danthine is Honorary Director of the Enterprise for Society Center (E4S), a center affiliated to UNIL-HEC, IMD and EPFL, of which he was Managing Director from its foundation in December 2019 until 30 April 2023. He is a Distinguished Research scholar at IMD and an honorary professor at the University of Lausanne and the EPFL (Ecole Polytechnique de Lausanne). From 2015 to 2021 he was President of the Paris School of Economics. From 2010 to 2015 he was a member of the Governing Board of the Swiss National Bank, of which he was Vice-Chairman from 2012. He was Managing Director of the Swiss Finance Institute from its foundation in 2006 until the end of 2009. Professor Danthine previously taught at Columbia University and held visiting appointments at CUNY Graduate Center, University of Southern California (Los Angeles), Université d'Aix-Marseille, Université Laval (Québec), as well as Universities of Toulon and Dijon. His publications have appeared in Econometrica, the Journal of Political Economy, the Review of Economic Studies, the Journal of Finance and other leading international journals. John B. Donaldson holds the Mario J. Gabelli Professorship in Finance at Columbia Business School. For many years he taught courses both in corporate finance and options. More recently his teaching has been devoted to macroeconomics. His research focuses on the influence of business cycle phenomena on the pricing of financial assets, with a particular emphasis on the impact of the real side of the economy. Most recently he has studied the possible financial implications of a more stakeholder oriented economy. His work has appeared in numerous professional journals, including the Journal of Economic Dynamics and Control, Econometrica, the Journal of Economic Theory, Quantitative Analysis, and the Journal of Monetary Economics.
| SKU | Unavailable |
| ISBN 13 | 9780123693808 |
| ISBN 10 | 0123693802 |
| Title | Intermediate Financial Theory |
| Author | Jean-Pierre Danthine |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Elsevier Science Publishing Co Inc |
| Year published | 2005-07-25 |
| Number of pages | 392 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |