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List of main symbols.
Introduction.
I. Value by Arbitrage.
1. Financial instruments: an introduction.
2. Arbitrage.
II. Exchanging Risk.
3. Investors and their information.
4. Portfolio choice.
5. Optimal risk sharing and insurance.
6. Equilibrium on the stock exchange and risk sharing.
7. Trade and information.
8. Intertemporal valuation.
III. The Firm.
9. Corporate finance and risk.
10. Financing investments and limited liability.
Index
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Finance and the Economics of Uncertainty, Finance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms.
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Finance and the Economics of Uncertainty, Finance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms.
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