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Principles of Financial Economics

Stephen F. LeRoy, Jan Werner




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 | #792214 in eBooks |  2014-09-29 |  2014-08-06 | File type: PDF

||10 of 10 people found the following review helpful.| Wonderful financial economics|By Daniel O. Cajueiro|If you know linear algebra and optimization in Euclidean Spaces and you want to learn financial economics, I believe that this book is the place to start.
This book is a master piece that at the same time it presents precisely, concisely and clearly financial theory. I don't know any other book that does it in the same| |"With this new edition, LeRoy and Werner have solidified the standing of their Principles of Financial Economics as the ideal introduction to neoclassical asset pricing models. The coverage is authoritative, rigorous, elegant, and now even more comprehensive."

This new edition provides a rigorous yet accessible graduate-level introduction to financial economics. Since students often find the link between financial economics and equilibrium theory hard to grasp, less attention is given to purely financial topics, such as valuation of derivatives, and more emphasis is placed on making the connection with equilibrium theory explicit and clear. This book also provides a detailed study of two-date models because almost all of the k...

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