Description
Book SynopsisMajor themes in theoretical financial economics since 1973 are presented through reprinted articles, each followed by a substantial essay by a leading scholar in the field. These original papers were written expressly for these volumes and provide a critical discussion and overview of the topic. The books thus present a broad spectrum of viewpoints with an emphasis on the work on valuation, economics of uncertainty, and taxation which pertains to the problems of financial markets and corporations.
Trade ReviewThe volume is a reminder of the towering influence of Robert Merton and latterly Stephen Ross and their associates over the last two decades....it is a pleasure to see their and others' papers collected together in this volume, especially in paperback. * The Economic Journal *
