{"product_id":"finance-and-the-economics-of-uncertainty-9781405121392","title":"Finance and the Economics of Uncertainty","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eFinance and the Economics of Uncertainty explores the growing range of economic decisions that are conducted under uncertainty both on the personal level, as well as by large firms.  * Analyzes the allocation of risk in the context of the current literature, as well as emphasizes the role of information in decisions and prices.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\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\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\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","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49407859196247,"sku":"9781405121392","price":43.65,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781405121392.jpg?v=1730500763","url":"https:\/\/bookcurl.com\/products\/finance-and-the-economics-of-uncertainty-9781405121392","provider":"Book Curl","version":"1.0","type":"link"}