Anbieter: Buchpark, Trebbin, Deutschland
Zustand: Sehr gut. Zustand: Sehr gut | Seiten: 332 | Sprache: Englisch | Produktart: Bücher | The purpose of this book is to give a sound economic foundation of finance. Finance is a coherent branch of applied economics that is designed to understand financial markets in order to give advice for practical financial decisions. This book argues that for a sound economic foundation of finance the famous general equilibrium model which in its modern form emphasizes the incompleteness of financial markets is well suited. The aim of the book is to demonstrate that financial markets can be meaningfully embedded into a more general system of markets including, for example, commodity markets. The interaction of these markets can be described via the well known notion of a competitive equilibrium. We argue that for a sound foundation this competitive equilibrium should be unique. In a first step we demonstrate that this essential goal cannot of be achieved based only on the rationality principle, i. e. on the assumption utility maximization of some utility function subject to the budget constraint. In particular we show that this important lack of structure is disturbing as well for the case of mean-variance utility functions which are the basis of the Capital Asset Pricing Model, one of the cornerstones of finance. The final goal of our book is to give reasonable restrictions on the agents' utility functions which lead to a well determined financial markets model.
Anbieter: Ria Christie Collections, Uxbridge, Vereinigtes Königreich
EUR 163,15
Anzahl: Mehr als 20 verfügbar
In den WarenkorbZustand: New. In.
Anbieter: Ria Christie Collections, Uxbridge, Vereinigtes Königreich
EUR 163,15
Anzahl: Mehr als 20 verfügbar
In den WarenkorbZustand: New. In.
Sprache: Englisch
Verlag: Springer US, Springer New York, 2003
ISBN 10: 1402073372 ISBN 13: 9781402073373
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Buch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The purpose of this book is to give a sound economic foundation of finance. Finance is a coherent branch of applied economics that is designed to understand financial markets in order to give advice for practical financial decisions. This book argues that for a sound economic foundation of finance the famous general equilibrium model which in its modern form emphasizes the incompleteness of financial markets is well suited. The aim of the book is to demonstrate that financial markets can be meaningfully embedded into a more general system of markets including, for example, commodity markets. The interaction of these markets can be described via the well known notion of a competitive equilibrium. We argue that for a sound foundation this competitive equilibrium should be unique. In a first step we demonstrate that this essential goal cannot of be achieved based only on the rationality principle, i. e. on the assumption utility maximization of some utility function subject to the budget constraint. In particular we show that this important lack of structure is disturbing as well for the case of mean-variance utility functions which are the basis of the Capital Asset Pricing Model, one of the cornerstones of finance. The final goal of our book is to give reasonable restrictions on the agents' utility functions which lead to a well determined financial markets model.
Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The purpose of this book is to give a sound economic foundation of finance. Finance is a coherent branch of applied economics that is designed to understand financial markets in order to give advice for practical financial decisions. This book argues that for a sound economic foundation of finance the famous general equilibrium model which in its modern form emphasizes the incompleteness of financial markets is well suited. The aim of the book is to demonstrate that financial markets can be meaningfully embedded into a more general system of markets including, for example, commodity markets. The interaction of these markets can be described via the well known notion of a competitive equilibrium. We argue that for a sound foundation this competitive equilibrium should be unique. In a first step we demonstrate that this essential goal cannot of be achieved based only on the rationality principle, i. e. on the assumption utility maximization of some utility function subject to the budget constraint. In particular we show that this important lack of structure is disturbing as well for the case of mean-variance utility functions which are the basis of the Capital Asset Pricing Model, one of the cornerstones of finance. The final goal of our book is to give reasonable restrictions on the agents' utility functions which lead to a well determined financial markets model.
Sprache: Englisch
Verlag: Kluwer Academic Publishers, 2003
ISBN 10: 1402073372 ISBN 13: 9781402073373
Anbieter: Kennys Bookstore, Olney, MD, USA
Zustand: New. Gives an economic foundation of finance, based on the general equilibrium model with incomplete markets which embodies the CAPM as an important special case. This work achieves this goal by giving reasonable restrictions on the agents' characteristics that lead to a well determined financial markets model having a unique competitive equilibrium. Series: Theory and Decision Library C. Num Pages: 326 pages, 1 black & white illustrations, biography. BIC Classification: KCA; PBW. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 19. Weight in Grams: 642. . 2002. Hardback. . . . . Books ship from the US and Ireland.
Sprache: Deutsch
Verlag: Springer Fachmedien Wiesbaden, Springer Fachmedien Wiesbaden, 2025
ISBN 10: 3658455144 ISBN 13: 9783658455149
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - Sexualisierte Diskriminierung und Gewalt galten in Hochschulen lange als Tabu und wurden vor allem durch Geschlechterforscher\*innen und Gleichstellungsbeauftragte thematisiert. Mit der weltweiten #MeToo-Bewegung erhielt die Debatte um sexualisierte Diskriminierung und Gewalt in der Wissenschaft eine neue Dynamik. Der Band, der aus einer zweiteiligen Tagung an der Ruhr-Universität Bochum und der Universität Paderborn hervorgegangen ist, legt einen Schwerpunkt auf die historischen Dimensionen des Themenfeldes. Die Institution Hochschule und die Traditionslinien sowie die (Abwehr-)Diskurse zu sexualisierter Diskriminierung und Gewalt werden beleuchtet, die auch die gegenwärtigen Verhandlungen und (Nicht-)Bearbeitungen prägen. Der Band gibt Einblicke in die juristische Debatte und den gegenwärtigen Forschungsstand. Vorgestellt werden zudem Analysen und Präventionskampagnen aus der universitären Praxis, die auf unterschiedliche soziale Räume und die Spezifika verschiedener Fachkulturen eingehen.
Taschenbuch. Zustand: Neu. #Me Too in Science | Beate von Miquel (u. a.) | Taschenbuch | Geschlecht und Gesellschaft | vi | Deutsch | 2025 | Springer VS | EAN 9783658455149 | Verantwortliche Person für die EU: Springer VS in Springer Science + Business Media, Abraham-Lincoln-Str. 46, 65189 Wiesbaden, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.