Two Essays in the Theory of Competitive Markets for Contingent Claims PDF Download

Author: Susan Ellen Woodward
Publisher:
ISBN:
Category : Securities
Languages : en
Pages : 196

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Author: Robert E. Kuenne
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
This major three volume work contains 54 key papers which reflect the invigoration, innovation and imagination that has characterized the field of microeconomics during the last 50 years. The selections range from literary treatments to the most advanced mathematical presentations. However all readers, regardless of their mathematical sophistication or methodological predilections, will find a large number of the papers interesting and worthwhile in giving an overview of the present state of microeconomics and providing guides to the literature of specialities of particular interest. Each one of these carefully structured volumes contains an introduction which offers the reader a brief discussion of the nature and significance of the contributions of each selection. Where worthwhile, cross references to other relevant selections are included in the summary. It is hoped that the reader's task will be aided materially by this systematization and concise discussions of the selections. This landmark book is an essential reference guide for professors, researchers and students concerned with the major innovations and advances in microeconomics.

Author: Gerard Debreu
Publisher: Springer Science & Business Media
ISBN: 3662046237
Category : Business & Economics
Languages : en
Pages : 363

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Back in the good old days on the fourth floor of the Altbau of Bonn's Ju ridicum, Werner Hildenbrand put an end to a debate about a festschrift in honor of an economist on the occasion of his turning 60 with a laconic: "Much too early." Remembering his position five years ago, we did not dare to think about one for him. But now he has turned 65. If consulted, he would most likely still answer: "Much too early." However, he has to take his official re tirement, and we believe that this is the right moment for such an endeavor. No doubt Werner Hildenbrand will not really retire. As professor emeritus, free from the constraints of a rigid teaching schedule and the burden of com mittee meetings, he will be able to indulge his passions. We expect him to pursue, with undiminished enthusiasm, his research, travel, golfing, the arts, and culinary pleasures - escaping real retirement.

Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 978

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Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 808

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Author: Jacques Drèze
Publisher: CUP Archive
ISBN: 9780521386975
Category : Business & Economics
Languages : en
Pages : 460

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Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.

Author:
Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 800

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Author: Clement G. Krouse
Publisher: North Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
This book deals with the valuation of income streams under conditions of uncertainty and will serve well both as an introduction and as an advanced treatment. Developments for a wide variety of market economies and tradeable instruments are unified using the general state preference framework. The topics are those usual in the theory of capital and financial economics. Readers are presumed to have a good foundation in microeconomic theory and basic mathematical skills.

Author: Peter Howitt
Publisher: University of Michigan Press
ISBN: 9780472102105
Category : Business & Economics
Languages : en
Pages : 272

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This volume brings together Howitt's key contributions to the development of macroeconomic theory

Author: Kenneth Joseph Arrow
Publisher: Cambridge University Press
ISBN: 9780521553551
Category : Business & Economics
Languages : en
Pages : 412

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Book Description
Leading theorists offer insights on the role of uncertainty and information in the market.