Financial Economics, Risk and Information

Download or read book Financial Economics, Risk and Information written by Marcelo Bianconi and published by World Scientific. This book was released on 2003 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book presents a balanced blend of pure finance and contract theory in the presence of risk, alternative forms of information structures, and static and dynamic frameworks. In particular, it provides an introduction to the use of stochastic methods in financial economics and finance. The following topics are covered: financial risk and asset pricing and asset returns under alternative contractual arrangements, portfolio choice, individual behavior towards risk, general equilibrium under uncertainty in discrete and continuous time settings, indivisibilities and nonconvexities in a general equilibrium context, contract theory, mechanism design and principal-agent relationships in partial and general equilibrium contexts, credit markets, and option pricing."