This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses h

Based on formal derivations of financial theory, this volume provides a rigorous exploration of individual's consumption and portfolio decisions under uncertain

'The book is an ideal complement to existing monographs on financial risk management. The reader will benefit from a standard background in no-arbitrage pricing

The purpose of General Equilibrium Foundations of Finance is to give a sound economic foundation of finance based on the general equilibrium model with incomple

The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how or