General Equilibrium Foundations of Finance, Fachbücher von Beate Pilgrim, Thorsten Hens
The purpose of this book is to give a sound economic foundation of finance. Finance is a coherent branch of applied economics... Mehr erfahren
Finde die besten Angebote
Bester Preis80 Punkte
Galaxus
Versandkostenfrei
Lieferzeit: 2-4 Werktage
Versandkostenfrei | Lieferzeit: 2-4 Werktage
Ähnliche Produkte
Produktdetails
The purpose of this book is to give a sound economic foundation of finance. Finance is a coherent branch of applied economics that is designed to understand financial markets in order to give advice for practical financial decisions. This book argues that for a sound economic foundation of finance the famous general equilibrium model which in its modern form emphasizes the incompleteness of financial markets is well suited. The aim of the book is to demonstrate that financial markets can be meaningfully embedded into a more general system of markets including, for example, commodity markets. The interaction of these markets can be described via the well known notion of a competitive equilibrium. We argue that for a sound foundation this competitive equilibrium should be unique. In a first step we demonstrate that this essential goal cannot of be achieved based only on the rationality pri.
Informationen
Lieferzeit:2-4 Werktage
Marke:Springer