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Published: 18 April 2013

600 Pages | 21 Figures, 16 Tables


ISBN: 9780199585496

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Financial Asset Pricing Theory

Claus Munk

  • Comprehensive and unified presentation of modern asset pricing theory. Ideal main textbook for courses where the required readings often consists of a long list of research articles with varying focus, notation, and writing style
  • Covers recent developments in asset pricing research. These state-of-the-art models are likely to be the basis of future practical applications and of future theoretical advances
  • A balanced presentation that offers both formal mathematical modelling and economic intuition and understanding
  • Each chapter includes a set of exercises making it easy for readers to test their knowledge
  • Divided into chapters according to economic concepts and theories. This enables the reader to take the intuition and simplicity from one-period and discrete-time settings to a more mathematically demanding continuous-time setting

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