Picture 1 of 1
Picture 1 of 1
Asset Pricing In Discrete Time : A Complete Markets Approach, Hardcover by Po...
US $109.06
Approximately£85.96
Condition:
3 available
Postage:
Located in: Jessup, Maryland, United States
Delivery:
Estimated between Thu, 11 Jul and Mon, 22 Jul to 43230
Returns:
Payments:
Shop with confidence
Seller assumes all responsibility for this listing.
eBay item number:386990328978
Item specifics
- Condition
- Book Title
- Asset Pricing In Discrete Time : A Complete Markets Approach
- ISBN
- 9780199271443
- Subject Area
- Business & Economics
- Publication Name
- Asset Pricing in Discrete Time : a Complete Markets Approach
- Publisher
- Oxford University Press, Incorporated
- Item Length
- 8.8 in
- Subject
- Marketing / General, Personal Finance / General
- Publication Year
- 2005
- Series
- Oxford Finance Ser.
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Item Height
- 0.6 in
- Item Weight
- 12.6 Oz
- Item Width
- 5.7 in
- Number of Pages
- 152 Pages
About this product
Product Identifiers
Publisher
Oxford University Press, Incorporated
ISBN-10
0199271445
ISBN-13
9780199271443
eBay Product ID (ePID)
30883041
Product Key Features
Number of Pages
152 Pages
Language
English
Publication Name
Asset Pricing in Discrete Time : a Complete Markets Approach
Subject
Marketing / General, Personal Finance / General
Publication Year
2005
Type
Textbook
Subject Area
Business & Economics
Series
Oxford Finance Ser.
Format
Hardcover
Dimensions
Item Height
0.6 in
Item Weight
12.6 Oz
Item Length
8.8 in
Item Width
5.7 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
2005-297655
Dewey Edition
22
Illustrated
Yes
Dewey Decimal
332.6
Table Of Content
1. Asset Prices in a Single-Period Model2. Risk Aversion, Background Risk and the Pricing Kernel3. Option Pricing in a Single-Period Model4. Valuation of Contingent Claims: Extensions5. Multi-period Asset Pricing6. Forward and Futures Prices of Contingent Claims7. Bond Pricing, Interest-Rate Processes and the LIBOR Market ModelConclusionsIndex
Synopsis
This book covers the pricing of assets, derivatives, and bonds in a discrete time, complete markets framework. It relies heavily on the existence, in a complete market, of a pricing kernel. It is primarily aimed at advanced Masters and PhD students in finance. Topics covered include CAPM, non-marketable background risks, European style contingent claims as in Black-Scholes and in cases where risk neutral valuation relationship does not exist, multi-period asset pricing under rational expectations, forward and futures contracts on assets and derivatives, and bond pricing under stochastic interest rates. All the proofs, including a discrete time proof of the Libor market model, are shown explicitly., Relying on the existence, in a complete market, of a pricing kernel, this book covers the pricing of assets, derivatives, and bonds in a discrete time, complete markets framework. It is primarily aimed at advanced Masters and PhD students in finance.-- Covers asset pricing in a single period model, deriving a simple complete market pricing model and using Stein's lemma to derive a version of the Capital Asset Pricing Model.-- Looks more deeply into some of the utility determinants of the pricing kernel, investigating in particular the effect of non-marketable background risks on the shape of the pricing kernel.-- Derives the prices of European-style contingent claims, in particular call options, in a one-period model; derives the Black-Scholes model assuming a lognormal distribution for the asset and a pricing kernel with constant elasticity, and emphasizes the idea of a risk-neutral valuation relationship between the price of a contingent claim on an asset and the underlying asset price.-- Extends the analysis to contingent claims on assets with non-lognormal distributions and considers the pricing of claims when risk-neutral valuation relationships do not exist.-- Expands the treatment of asset pricing to a multi-period economy, deriving prices in a rational expectations equilibrium.-- Uses the rational expectations framework to analyse the pricing of forward and futures contracts on assets and derivatives.-- Analyses the pricing of bonds given stochastic interest rates, and then uses this methodology to model the drift of forward rates, and as a special case the drift of the forward London Interbank Offer Rate in the LIBOR Market Model.
LC Classification Number
HG4636
ebay_catalog_id
4
Copyright Date
2004
Item description from the seller
Business seller information
Expert Trading Limited
John Boyer
9220 Rumsey Rd
Ste 101
21045-1956 Columbia, MD
United States
I certify that all my selling activities will comply with all EU laws and regulations.
Seller assumes all responsibility for this listing.
eBay item number:386990328978
Post to me
Item location:
Jessup, Maryland, United States
Posts to:
Afghanistan, Albania, Algeria, Americas, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan Republic, Bahamas, Bahrain, Bangladesh, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Chile, China, Colombia, Costa Rica, Cyprus, Czech Republic, Côte d'Ivoire (Ivory Coast), Democratic Republic of the Congo, Denmark, Djibouti, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Europe, Fiji, Finland, France, Gabon Republic, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Republic of Croatia, Republic of the Congo, Romania, Rwanda, Saint Kitts-Nevis, Saint Lucia, Saint Vincent and the Grenadines, San Marino, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, Suriname, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Uganda, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Vatican City State, Vietnam, Wallis and Futuna, Western Samoa, Yemen, Zambia, Zimbabwe
Excludes:
APO/FPO, Barbados, French Guiana, French Polynesia, Guadeloupe, Libya, Martinique, New Caledonia, Reunion, Russian Federation, US Protectorates, Ukraine, Venezuela
| Postage and packaging | Each additional item | To | Service | Delivery*See Delivery notes |
|---|---|---|---|---|
| Free postage | Free | United States | Economy Shipping | Estimated between Thu, 11 Jul and Mon, 22 Jul to 43230 |
| Dispatch time |
|---|
| Will usually dispatch within 10 working days of receiving cleared payment. |
| Taxes |
|---|
| Seller charges sales tax in |
Sales tax for an item #386990328978
Sales tax for an item #386990328978
Seller collects sales tax/VAT for items dispatched to the following states:
| County | VAT rate |
|---|
Returns policy
| After receiving the item, cancel the purchase within | Refund will be given as | Return postage |
|---|---|---|
| 14 days | Money back | Buyer pays for return postage |
Refer to eBay return policyopens in a new tab or window for more details. You're covered by the eBay Money Back Guaranteeopens in a new tab or window if you receive an item that is not as described in the listing.
The buyer is responsible for return postage costs.
| Return policy details |
|---|
| Returns accepted |
Most purchases from business sellers are protected by the Consumer Contract Regulations 2013 which give you the right to cancel the purchase within 14 days after the day you receive the item. Find out more about your rights as a buyer and exceptions.
Payment details
Payment methods
Registered as a business seller
Seller Feedback (344,809)
l***l (27)- Feedback left by buyer.
Past 6 months
Verified purchase
Excellent! This seller has really good prices, communication, packaging and fast shipping. The book I bought was better than described and I would definitely buy from this seller again. It was my time to have this book.🙌 A+++++
w***t (585)- Feedback left by buyer.
Past 6 months
Verified purchase
PERFECT TRANSACTION! Shipped right after payment, well packaged, arrived during the estimated time. The item is in great condition EXACTLY as described. Very Happy, very nice purchase. Excellent communication. Thank you
u***_ (102)- Feedback left by buyer.
Past 6 months
Verified purchase
Hermoso libro..!!!!!.. Muy bien cuidado e impecable empaquetado para envío. Realmente vale cada dólar gastado en el. Manejo y envío muy profesional. Excelente vendedor. Lo recomiendo por la calidad de sus productos, los precios, la comunicación sobre el desarrollo de mi orden y el manejo y envio. Gran experiencia de compra con este vendedor.
Product ratings and reviews
More to explore:
- Marketing Non-Fiction Hardcover Books,
- Time Management Non-Fiction Hardcover Books,
- The Wheel of Time Fantasy Fiction Hardcover Books,
- Time Travel Non-Fiction Hardcover Books,
- The Wheel of Time Fiction Hardcover Books in English,
- Marketing Adult Learning & University Textbook,
- The Wheel of Time Fantasy Fiction Hardcover Books in English,
- Marketing Adult Learning & University Books,
- The Wheel of Time Fantasy Fiction Hardcover Books with Dust Jacket,
- Non-Fiction Marketing Fiction & Non-Fiction Books