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Viac informácií o knihe Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance

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Anotácia knihy

'After a brief review of the existing incomplete information literature, the effect of incomplete information on investors' exptected utility, risky asset prices, and interest rates is described. It is demonstrated that increasing the quality of investors' information need not increase their expected utility and the prices of risky assets. The impact of other factors is discussed in detail. It is also demonstrated that financial markets in general do not aggregate information efficiently, a fact that can explain the equity premium puzzle.

Parametre knihy

Zaradenie knihy Knihy po anglicky Economics, finance, business & management Business & management

• Celý názov: Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance
• Autor: Alexandre C. Ziegler
• Jazyk: Angličtina
• Väzba: Brožovaná
• Počet strán: 198
• EAN: 9783642055676
• ISBN: 3642055672
• ID: 02780973
• Nakladateľ: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• Hmotnosť: 338 g
• Rozmery: 235 × 155 × 12 mm
• Dátum vydania: 21. October 2010

Obľúbené z iného súdka

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