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Portfolio Selection and Asset Pricing: Models of Financial Economics and Their Applications in Investing
Af: Jamil Baz, Erol Hakanoglu, Helen Guo Engelsk Hardback
SPAR
kr 233
Portfolio Selection and Asset Pricing: Models of Financial Economics and Their Applications in Investing
Af: Jamil Baz, Erol Hakanoglu, Helen Guo Engelsk Hardback

This uniquely comprehensive guide provides expert insights into everything from financial mathematics to the practical realities of asset allocation and pricing

Investors like you typically have a choice to make when seeking guidance for portfolio selection―either a book of practical, hands-on approaches to your craft or an academic tome of theories and mathematical formulas.

From three top experts, Portfolio Selection and Asset Pricing strikes the right balance with an extensive discussion of mathematical foundations of portfolio choice and asset pricing models, and the practice of asset allocation. This thorough guide is conveniently organized into four sections:

  • Mathematical Foundations―normed vector spaces, optimization in discrete and continuous time, utility theory, and uncertainty
  • Portfolio Models―single-period and continuous-time portfolio choice, analogies, asset allocation for a sovereign as an example, and liability-driven allocation
  • Asset Pricing―capital asset pricing models, factor models, option pricing, and expected returns
  • Robust Asset Allocation―robust estimation of optimization inputs, such as the Black-Litterman Model and shrinkage, and robust optimizers

Whether you are a sophisticated investor or advanced graduate student, this high-level title combines rigorous mathematical theory with an emphasis on practical implementation techniques.

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This uniquely comprehensive guide provides expert insights into everything from financial mathematics to the practical realities of asset allocation and pricing

Investors like you typically have a choice to make when seeking guidance for portfolio selection―either a book of practical, hands-on approaches to your craft or an academic tome of theories and mathematical formulas.

From three top experts, Portfolio Selection and Asset Pricing strikes the right balance with an extensive discussion of mathematical foundations of portfolio choice and asset pricing models, and the practice of asset allocation. This thorough guide is conveniently organized into four sections:

  • Mathematical Foundations―normed vector spaces, optimization in discrete and continuous time, utility theory, and uncertainty
  • Portfolio Models―single-period and continuous-time portfolio choice, analogies, asset allocation for a sovereign as an example, and liability-driven allocation
  • Asset Pricing―capital asset pricing models, factor models, option pricing, and expected returns
  • Robust Asset Allocation―robust estimation of optimization inputs, such as the Black-Litterman Model and shrinkage, and robust optimizers

Whether you are a sophisticated investor or advanced graduate student, this high-level title combines rigorous mathematical theory with an emphasis on practical implementation techniques.

Produktdetaljer
Sprog: Engelsk
Sider: 432
ISBN-13: 9781264270156
Indbinding: Hardback
Udgave:
ISBN-10: 1264270151
Udg. Dato: 30 sep 2022
Længde: 38mm
Bredde: 167mm
Højde: 237mm
Oplagsdato: 30 sep 2022
Forfatter(e) Jamil Baz, Erol Hakanoglu, Helen Guo


Kategori Erhvervsliv, virksomheder og ledelse


Sprog Engelsk


Indbinding Hardback


Sider 432


Udgave


Længde 38mm


Bredde 167mm


Højde 237mm


Oplagsdato 30 sep 2022

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