India's fastest online shopping destination
Gift Cards
Donate Stationery Kits
Help Center
Sell On Snapdeal
Download App

Sorry! Asset Pricing and Portfolio Choice Theory Financial Management Association Survey and Synthesis Series is sold out.

Compare Products
Clear All
Let's Compare!

Asset Pricing and Portfolio Choice Theory Financial Management Association Survey and Synthesis Series

This product has been sold out

Rs  8,380
We will let you know when in stock
notify me



  • ISBN13:9780190241148
  • ISBN10:0190241144
  • Publisher:Oxford University Press
  • Language:English
  • Author:Kerry E. Back
  • Binding:Hardback
  • Pages:712
  • SUPC: SDL169886728


In the 2nd edition of Asset Pricing and Portfolio Choice Theory, Kerry E. Back offers a concise yet comprehensive introduction to and overview of asset pricing. Intended as a textbook for asset pricing theory courses at the Ph.D. or Masters in Quantitative Finance level with extensive exercises and a solutions manual available for professors, the book is also an essential reference for financial researchers and professionals, as it includes detailed proofs and calculations as section appendices. The first two parts of the book explain portfolio choice and asset pricing theory in single-period, discrete-time, and continuous-time models. For valuation, the focus throughout is on stochastic discount factors and their properties. A section on derivative securities covers the usual derivatives options, forwards and futures, and term structure models and also applications of perpetual options to corporate debt, real options, and optimal irreversible investment. A chapter on explaining puzzles and the last part of the book provide introductions to a number of additional current topics in asset pricing research, including rare disasters, long-run risks, external and internal habits, asymmetric and incomplete information, heterogeneous beliefs, and non-expected-utility preferences. Each chapter includes a Notes and References section providing additional pathways to the literature. Each chapter also includes extensive exercises.

Terms & Conditions

The images represent actual product though color of the image and product may slightly differ.

Quick links

Seller Details

View Store

Expand your business to millions of customers