The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical,

Influenced by technological innovation, banks and their businesses are changing dramatically. This book explores the transformation and prospects of financial m

Today's investors face a challenging environment like none before. The factors that affect financial markets are evolving rapidly and the changes may surprise u

A new, evolutionary explanation of markets and investor behavior Half of all Americans have money in the stock market, yet economists can’t agree on whether i

The Capital Markets: evolution of the financial ecosystem is the new standard providing practical text book style coverage of this dynamic market and its produc