General aims: Introduction to recent developments in the theory of financial markets. We develop and discuss models in which the price of an asset is driven by the investment behavior of traders.
Contents:
1. Individual portfolio decisions
2. Risk aversion, subjective beliefs, and risk premia
3. Price mechanisms
4. Rational expectations, heterogenous beliefs, and informational constraints
5. The evolution of asset prices
6. The classical CAPM from a new perspective
PLISKA, 1997 : Introduction to Mathematical Finance, Blackwell, Mass,.
Rhythmus | Tag | Uhrzeit | Format / Ort | Zeitraum | |
---|---|---|---|---|---|
wöchentlich | Mo | 14-16 | V8-119 | ||
wöchentlich | Mi | 10-12 | V8-119 |
Studiengang/-angebot | Gültigkeit | Variante | Untergliederung | Status | Sem. | LP | |
---|---|---|---|---|---|---|---|
Betriebswirtschaftslehre / Diplom | (Einschreibung bis SoSe 2005) | B3a; WP15 | Wahl | HS | |||
Volkswirtschaftslehre / Diplom | (Einschreibung bis SoSe 2005) | V1B; V1A; WP15 | Wahl | HS | |||
Wirtschaftsmathematik / Diplom | (Einschreibung bis SoSe 2005) |