Handbook Of The Fundamentals Of Financial Decision Making (In 2 Parts) (World Scientific Handbook In Financial Economics Series 4)

This comprehensive handbook covers key topics in financial decision-making, including Part I on Decision Making Under Uncertainty and Part II on Dynamic Modeling.

With new papers published for the first time, this book provides a valuable resource for PhD and Master's courses or as a supplementary text.

The collection of papers includes Arbitrage, Utility Theory, Risk Aversion, Static Portfolio Theory, Stochastic Dominance, Risk Measures, Dynamic Portfolio Theory, Tactical Asset Allocation, and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.

The accompanying problems book provides a comprehensive set of computational and review problems to expand the mind and challenge the reader.

This handbook is an essential resource for researchers and users of asset pricing theory, providing an up-to-date treatment of topics in classic books by Johnathan Ingersoll (1988) and William Ziemba and Raymond Vickson (1975, updated 2nd edition 2006).