00839nam0-2200313---450-99000949083040332120111123123335.088-89237-13-9000949083FED01000949083(Aleph)000949083FED0100094908320111123d2005----km-y0itay50------baitaITa-------001yyEspressogrammaticaMaria Balì, Giovanna Rizzo, Luciana ZiglioFirenzeAlma200595 p.ill.21 cmBalì,Maria508561Rizzo,Giovanna514460Ziglio,Luciana508559ITUNINARICAUNIMARCBK990009490830403321C B 91023NAP12NAP12Espresso851637UNINA00999cam0-2200337---450-99000488248040332120151005115633.0000488248FED01000488248(Aleph)000488248FED0100048824819990604d1947----km-y0itay50------bafreFRy-------001yyIntroduction a la linguistique françaiseR.-L. WagnerLilleGiardGenèveDroz1947142 p.26 cmSociété de publications romanes et françaises27Linguistica francese448Wagner,Robert-Léon394935ITUNINAREICATUNIMARCBK990004882480403321448 WAG 1FLFBC448 WAG 1 TerIst.Glott. 172FLFBC448 WAG 1 BisIst.Glott. 63FLFBCFLFBCIntroduction à la linguistique française164816UNINA03168nam 2200565Ia 450 991077807150332120230721021845.0981-283-250-5(CKB)1000000000766972(EBL)1193375(SSID)ssj0000517184(PQKBManifestationID)12232989(PQKBTitleCode)TC0000517184(PQKBWorkID)10478685(PQKB)10501830(WSP)00001473 (Au-PeEL)EBL1193375(CaPaEBR)ebr10688091(CaONFJC)MIL491735(OCoLC)820944576(MiAaPQ)EBC1193375(EXLCZ)99100000000076697220081211d2008 uy 0engurcn|||||||||txtccrAsset pricing[electronic resource] a structural theory and its applications /Bing Cheng, Howell TongHackensack, NJ World Scientificc20081 online resource (92 p.)Description based upon print version of record.981-270-455-8 Includes bibliographical references (p. 71-74) and index.1. Introduction to modern asset pricing. 1.1. A brief history of modern asset pricing models. 1.2. The equity premium puzzle -- 2. A structural theory of asset pricing. 2.1. Construction of continuous linear pricing functionals. 2.2. The structural theory of asset pricing - pt. I. 2.3. Is the equity premium puzzle really a puzzle or not a puzzle? 2.4. Conclusions and summary - 3. Algebra of stochastic discount factors. 3.1. Symmetric theorem of asset pricing. 3.2. Compounding asset pricing models. 3.3. Compression of asset pricing models. 3.4. Decomposition of errors in asset pricing models. 3.5. Empirical analysis of the asset pricing models. 3.6. Conclusions -- 4. Investment and consumption in a multi-period framework. 4.1. Review of Merton's asset pricing model. 4.2. Optimal decisions of investment and consumption. 4.3. Optimal investment behavior. 4.4. Conclusions.Modern asset pricing models play a central role in finance and economic theory and applications. This book introduces a structural theory to evaluate these asset pricing models and throws light on the existence of Equity Premium Puzzle. Based on the structural theory, some algebraic (valuation-preserving) operations are developed in asset spaces and pricing kernel spaces. This has a very important implication leading to practical guidance in portfolio management and asset allocation in the global financial industry. The book also covers topics, such as the role of over-confidence in assetCapital assets pricing modelStocksPricesMathematical modelsCapital assets pricing model.StocksPricesMathematical models.332.632042Cheng Bing406939Tong Howell66323MiAaPQMiAaPQMiAaPQBOOK9910778071503321Asset pricing3730618UNINA