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The Finance and the Economics of Uncertainty (Hardback)

Gabrielle Demange, Guy Laroque

Edité par John Wiley and Sons Ltd, United Kingdom, 2006
ISBN 10: 1405121386 / ISBN 13: 9781405121385
Neuf(s) / Hardback / Quantité : 10
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Titre : The Finance and the Economics of Uncertainty...

Éditeur : John Wiley and Sons Ltd, United Kingdom

Date d'édition : 2006

Reliure : Hardback

Etat du livre : New

Edition : Revised..

Description :

Language: English . Brand New Book. Finance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms. It analyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices. It includes end-of-chapter exercises that supply the necessary tools for a comprehensive understanding of the field. N° de réf. du libraire AAH9781405121385

A propos du livre :

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Synopsis : Finance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms. Analyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices. Includes end?of?chapter exercises that supply the necessary tools for a comprehensive understanding of the field.

Critique: "The authors discuss in a clear and motivated way some essential problems such as incompleteness, market viability or dissemination of information. Graduate students in economics will find this textbook a valuable supplement to the extensive literature on financial engineering." Christian Gourieroux, Center of Research in Economics and Statistics in France

"Given the explosive growth of the finance literature, even well?trained microeconomists may feel left behind. They should be grateful to Demange and Laroque for giving them such a clear and unified picture of how financial instruments allocate risk in the economy." Bernard Salanie, Columbia University

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