{"product_id":"finance-and-the-economics-of-uncertainty-hardback-9781405121385","title":"Finance and the Economics of Uncertainty (Hardback) 9781405121385","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFinance and the Economics of Uncertainty\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eGabrielle Demange (Author), Guy Laroque (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781405121385, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 16 November 2005\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e304 pages\u003cbr\u003e23.6 x 16 x 2.3 cm, 0.553 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"The authors discuss in a clear and motivated way some essential problems such as incompleteness, market viability or dissemination of information. Graduate students in economics will find this textbook a valuable supplement to the extensive literature on financial engineering.\" \u003ci\u003eChristian Gourieroux, Center of Research in Economics and Statistics in France\u003c\/i\u003e\u003cbr\u003e \u003cp\u003e\"Given the explosive growth of the finance literature, even well-trained microeconomists may feel left behind. They should be grateful to Demange and Laroque for giving them such a clear and unified picture of how financial instruments allocate risk in the economy.\" \u003ci\u003eBernard Salanie, Columbia University\u003c\/i\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eFinance and the Economics of Uncertainty\u003c\/i\u003e explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms.\u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAnalyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices.\u003c\/li\u003e \u003cli\u003eIncludes end-of-chapter exercises that supply the necessary tools for a comprehensive understanding of the field.\u003c\/li\u003e \u003c\/ul\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of main symbols. \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eI. Value by Arbitrage\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003e1. Financial instruments: an introduction.\u003c\/p\u003e \u003cp\u003e2. Arbitrage.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eII. Exchanging Risk\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003e3. Investors and their information.\u003c\/p\u003e \u003cp\u003e4. Portfolio choice.\u003c\/p\u003e \u003cp\u003e5. Optimal risk sharing and insurance.\u003c\/p\u003e \u003cp\u003e6. Equilibrium on the stock exchange and risk sharing.\u003c\/p\u003e \u003cp\u003e7. Trade and information.\u003c\/p\u003e \u003cp\u003e8. Intertemporal valuation.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIII. The Firm\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003e9. Corporate finance and risk.\u003c\/p\u003e \u003cp\u003e10. Financing investments and limited liability.\u003c\/p\u003e \u003cp\u003eIndex\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Brand New","offer_id":52437756379416,"sku":"9781405121385","price":92.69,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781405121385.jpg?v=1784938350","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/finance-and-the-economics-of-uncertainty-hardback-9781405121385","provider":"Freshly Printed Books","version":"1.0","type":"link"}