000			03588cam a2200421 i 4500
005			20221101190138.0
008			040412s2004 njua b 001 0 eng d
010			_a 2003066415
011			_aBIB MATCHES WORLDCAT
020			_a0691113157 _qcloth (alk. paper)
020			_a9780691113159 _qcloth (alk. paper)
035			_a(OCoLC)53178321
040			_aDLC _beng _erda _cDLC _dYDX _dIBS _dMUQ _dBAKER _dUKM _dNLGGC _dBTCTA _dYDXCP _dDEBBG _dOCLCQ _dATU
042			_apcc
050	0	0	_aHG173 _b.L46 2004
082	0	0	_a332.015195 _222
100	1		_aLengwiler, Yvan, _eauthor. _91049041
245	1	0	_aMicrofoundations of financial economics : _ban introduction to general equilibrium asset pricing / _cYvan Lengwiler.
264		1	_aPrinceton, NJ : _bPrinceton University Press, _c2004.
300			_axvi, 287 pages : _billustrations ; _c24 cm.
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
490	1		_aPrinceton series in finance
504			_aIncludes bibliographical references (pages 269-284) and index.
505	0	0	_tList of boxes -- _tPreface -- _g1. _tIntroduction -- _g2. _tContingent claim economy -- _g3. _tAsset economy -- _g4. _tRisky decisions -- _g5. _tStatic finance economy -- _g6. _tDynamic finance economy -- _g7. _tEmpirics and the puzzles -- _g8. _tAdapting the theory -- _g9. _tEpilog -- _tApp. A: Symbols and notation -- _tApp. B: Solutions to the problem sets -- _tBibliography -- _tIndex.
520			_a"This textbook takes the reader from the level of microeconomics principles through to modern asset pricing theory. Yvan Lengwiler elegantly links together issues that have in the past been the territory of general economic theorists on the one hand, and financial economists on the other. ; In a sequence of carefully explained steps, the reader learns how the first welfare theorem is used in asset pricing theory. The book then moves on to explore Radner economies and von Neumann-Morgenstern decision theory, and this section culminates in Wilson's mutuality principle and the consumption-based CAPM. This is then put into a dynamic setting, and term structure models are introduced. The empirical shortcomings of the standard asset pricing models are extensively discussed, as is research from the last twenty years aimed at bringing theory in line with reality. The reader is brought up to date on the latest areas of concern, such as habit formation, the consequences of heterogeneity, demographic effects, changing tax regimes, market frictions, and the implications of prospect theory for asset pricing.; Aimed at masters or Ph.D. students specializing in financial economics, the book can also be used as a supplementary text for students of macroeconomics at this advanced level and will be of interest to finance professionals with a background in economics and mathematics. It includes problems (with solutions), and an accompanying website provides supporting material for lecturers."--Publisher description.
588			_aMachine converted from AACR2 source record.
650		0	_aFinance. _9344952
650		0	_aEconomics. _9347124
650		0	_aCapital assets pricing model _9314988
830		0	_aPrinceton series in finance. _91021452
856	4	2	_3Contributor biographical information _uhttp://catdir.loc.gov/catdir/enhancements/fy0737/2003066415-b.html
907			_a.b10881426 _b10-06-19 _c27-10-15
942			_cB
945			_a332.015195 LEN _g1 _iA260562B _j0 _lcmain _o- _p$73.27 _q- _r- _s- _t0 _u1 _v0 _w0 _x0 _y.i12064944 _z29-10-15
998			_a(2)b _a(2)c _b20-03-18 _cm _da _feng _gnju _h0
999			_c1150129 _d1150129