Asset Pricing Under Asymmetric Information
Download or Read eBook Asset Pricing Under Asymmetric Information PDF written by Markus Konrad Brunnermeier and published by Oxford University Press, USA. This book was released on 2001 with total page 264 pages. Available in PDF, EPUB and Kindle.
| Author | : Markus Konrad Brunnermeier |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 264 |
| Release | : 2001 |
| ISBN-10 | : 0198296983 |
| ISBN-13 | : 9780198296980 |
| Rating | : 4/5 (83 Downloads) |
Book Synopsis Asset Pricing Under Asymmetric Information by : Markus Konrad Brunnermeier
Book excerpt: The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information is crucial in this area. This book provides a useful survey for graduate students.
