Finance and the Economics of Uncertainty

en Limba Engleză Paperback – 15 noi 2005

Economics and Finance of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level - such as individual savings, insurance, portfolio choices - as well as by large firms, including insurance companies and stock exchanges, that utilize financial tools to facilitate the exchange of risks.

Presenting the basic principles and discussing them in a unified framework within elementary models, this text analyzes the allocation of risk in the context of the current literature, and emphasizes the role of information in decisions and prices. Including end-of-chapter exercises, this book provides students with a tool for understanding the theoretical analysis of decision-making under uncertainty, and its applications to the world of economics and finance.

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Specificații

ISBN-13: 9781405121392
ISBN-10: 1405121394
Pagini: 294
Dimensiuni: 156 x 229 x 17 mm
Greutate: 0.43 kg
Ediția:Revised.
Editura: Wiley
Locul publicării:Chichester, United Kingdom

Public țintă

MBA finance students and graduate students in economics.

Notă biografică

Descriere

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. * Analyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices.

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