Based on formal derivations of financial theory, this volume provides a rigorous exploration of individual's consumption and portfolio decisions under uncertain

This second edition provides a rigorous yet accessible graduate-level introduction to financial economics. Since students often find the link between financial

This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses h

Based on formal derivations of financial theory, this volume provides a rigorous exploration of individual's consumption and portfolio decisions under uncertain

This textbook takes the reader from the level of microeconomics principles through to modern asset pricing theory. Yvan Lengwiler elegantly links together issue