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Financial Economics, by Jürgen Eichberger, Ian R. Harper
Free PDF Financial Economics, by Jürgen Eichberger, Ian R. Harper
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Financial Economics provides a comprehensive introduction to an exciting new field of economics for advanced undergraduate and postgraduate economists and finance specialists. It develops the main arguments in finance theory from an explicitly economic perspective. Economists can see how finance theory can be applied to economics, while finance specialists can appreciate the economic foundations of their favourite results in finance. The authors stress the theories of decision-making under uncertainty and of asymmetric information.
- Sales Rank: #1305202 in Books
- Published on: 1997-06-12
- Original language: English
- Number of items: 1
- Dimensions: 6.13" h x .60" w x 9.13" l, .83 pounds
- Binding: Paperback
- 280 pages
About the Author
Jurgen Eichberger is at University of Saarland. Ian R. Harper is at Melbourne Business School.
Most helpful customer reviews
6 of 8 people found the following review helpful.
Very good introductory text
By A Customer
This is definitely for upper undergraduates or introductory graduates. Although concise, this book covers key topics that are essential for financial economics. This book is not a typical book used in finance; it is based on economics perspectives and hence considers equilibrium allocations among agents. It starts with the basic probability theory and property of von Neumann utility function, and then considers the role of various financial institutions in exploring allocations under both symmetric and asymmetric information. Many refer to the LeRoy and Werner book, but for me this book appears a much better introductory text because it provides a holistic view of the discipline in an organized way.
0 of 1 people found the following review helpful.
Not necessary
By Robert Lake
This is a set of lecture notes in microeconomics/finance. Suitable for microeconomics at the Phd level. Finance students don't gain anything by reading this book.
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