Product Description     Theory of Asset Pricing unifies the central  tenets and techniques of asset valuation into a single, comprehensive  resource that is ideal for the first PhD course in asset pricing.

  Single-Period Portfolio Choice and Asset Pricing:  Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM,  Arbitrage, and Linear Factor Models; Consumption-Savings and State  Pricing; Multiperiod Consumption, Portfolio Choice, and Asset Pricing: A Multiperiod Discrete Time Model of Consupmtion; Multiperiod Market Equilibrium; Contingent Claims Pricing: Basics  of Derivative Pricing; Essentials of Diffusion Processes and Itô’s  Lemma; Dynamic Hedging and PDE Valuation; Arbitrage, Martingales,  Pricing Kernels; Mixing Diffusion and Jump Processes; Asset Pricing in Continuous Time: Continuous-Time Consumption and Portfolio Choice; Equilibrium Asset Returns; Time-Inseparable Utility; Additional Topics in Asset Pricing: Behavioral  Finance and Asset Pricing; Asset Pricing with Differential Information;  Models of the Term Structure of Interest Rates; Models of Default Risk.

MESSAGE: For all readers interested in asset valuation.   
  
      From the Back Cover     Theory of Asset Pricing unifies the central  tenets and techniques of asset valuation into a single, comprehensive  resource that is ideal for the first PhD course in asset pricing.

  Single-Period Portfolio Choice and Asset Pricing:  Expected Utility and Risk Aversion; Mean-Variance Analysis; CAPM,  Arbitrage, and Linear Factor Models; Consumption-Savings and State  Pricing; Multiperiod Consumption, Portfolio Choice, and Asset Pricing: A Multiperiod Discrete Time Model of Consupmtion; Multiperiod Market Equilibrium; Contingent Claims Pricing: Basics  of Derivative Pricing; Essentials of Diffusion Processes and Itô’s  Lemma; Dynamic Hedging and PDE Valuation; Arbitrage, Martingales,  Pricing Kernels; Mixing Diffusion and Jump Processes; Asset Pricing in Continuous Time: Continuous-Time Consumption and Portfolio Choice; Equilibrium Asset Returns; Time-Inseparable Utility; Additional Topics in Asset Pricing: Behavioral  Finance and Asset Pricing; Asset Pricing with Differential Information;  Models of the Term Structure of Interest Rates; Models of Default Risk.

MESSAGE: For all readers interested in asset valuation.