{"product_id":"the-legacy-of-fischer-black-9780195168365","title":"The Legacy of Fischer Black","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eFischer Black was a remarkable social scientist, one whose contributions range from the lofty perch of highbrow theory to the trenches of practical application. The papers represented in this work span the same range, the contributions of a remarkable array of financial economists who embody in different ways Fischer''s ideal of insight from economic theory that both guides and is rooted in the kind of detailed observation of relevant aspects of actual financial markets. It is hoped that readers find this volume to be both a fitting tribute and a stimulus to further research. After all, the advancement of economic science remained a constant goal throughout Fischer''s remarkable career in the many and disparate venues in which he plies his trade.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e1: Bruce N. Lehmann: Fischer Black on Valuation: The CAPM in General Equilibrium 2: Stewart C. Myers: Fischer Black's Contributions to Corporate Finance 3: Myron S. Scholes: Crisis and Risk Management 4: Robert Litterman: Hot Spots and Hedges 5: Stephen A. Ross: Markets for Agents: Fund Management 6: Mark Rubinstein and Jens Jackwerth: Recovering Probabilities and Risk Aversion from Options Prices and Realized Returns 7: Michael Brennan, Tarun Chordia, and Avanidhar Subrahmanyam: Cross-Sectional Determinants of Expected Returns 8: Bruce N. Lehmann: On Cross-Sectional Determinants of Expected Returns 9: Scott F. Richard: Exploring a Two-Factor Markovian, Lognormal Model of the Term Structure of Interest Rates 10: Douglas T. Breeden: Convexity of Empirical Option Costs of Mortgage Securities 11: Roger D. Huang and Hans R. Stoll: The Supply and Demand of Immediacy: Evidence from the NYSE 12: Darrell Duffie: Black, Merton, and Scholes - Their Central Contribution to Economics Index","brand":"Oxford University Press, USA","offers":[{"title":"Default Title","offer_id":51766888923479,"sku":"9780195168365","price":70.3,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/bookcurl.com\/products\/the-legacy-of-fischer-black-9780195168365","provider":"Book Curl","version":"1.0","type":"link"}