About this document
Asset Pricing Theory Overview by Mike Liu is a document available to read on EtoBox.
This document provides a summary of the theory of asset pricing. It begins with an introduction to expected utility theory and risk aversion in single-period models. It then covers mean-variance analysis and the efficient frontier. Subsequent sections discuss the Capital Asset Pricing Model (CAPM), arbitrage pricing theory, and linear factor models. Later sections extend the analysis to multiperiod models of consumption, portfolio choice, and asset pricing. The final sections cover contingent claims pricing
- Author
- Mike Liu
- Language
- EN