资源描述：
《Markus K. Brunnermeier-Asset Pricing under Asymmetric Information_ Bubbles, Crashes, Technical Analysis, and Herding-Oxford University Press, USA (2001) 》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、“Thisbookdevelopstheconceptualfoundationsrequiredfortheanalysisofmarketswithasymmetricinformation,andusesthemtoprovideaclearsurveyandsynthesisofthetheoreticalliteratureonbubbles,marketmicrostructure,crashes,andherdinginfinancialmarkets.Thebookisnotonlyusefultothebeg
2、innerwhorequiresaguidethroughtherapidlydevelopingliterature,butprovidesinsightandperspectivethattheexpertwillalsoappreciate.”MichaelBrennanIrwinandGoldyneHearshProfessorofBankingandFinanceattheUniversityofCalifornia,LosAngeles,andProfessorofFinanceattheLondonBusine
3、ssSchoolPresidentoftheAmericanFinanceAssociation,1989“Thisbookprovidesanexcellentaccountofhowbubblesandcrashesandvariousotherphenomenacanoccur.Traditionalassetpricingtheorieshaveassumedsymmetricinformation.Includingasymmetricinformationradicallyalterstheresultsthat
4、areobtained.Theauthortakesacom-plexsubjectandpresentsitinaclearandconcisemanner.Istronglyrecommenditforanybodyseriouslyinterestedinthetheoryofassetpricing.”FranklinAllenNipponLifeProfessorofFinanceandEconomicsattheWhartonSchool,UniversityofPennsylvaniaPresidentofth
5、eAmericanFinanceAssociation,2000“Thistimelybookprovidesaninvaluablemapforstudentsandresearchersnavigatingtheliteratureonmarketmicrostructure,andmoregenerally,onequilibriumwithasymmetricinformation.Itwillbecomehighlyrecommendedreadingforgraduatecoursesintheeconomics
6、ofuncertaintyandinfinancialeconomics.”HyunSongShinProfessorofFinanceattheLondonSchoolofEconomicsThispageintentionallyleftblankAssetPricingunderAsymmetricInformationBubbles,Crashes,TechnicalAnalysis,andHerdingMARKUSK.BRUNNERMEIER3OXFORDUNIVERSITYPRBSSGreatClarendonSt
7、reet,Oxford0x26DPOxfordUniversityPressisadepartmentoftheUniversityofOxford.ItfurtherstheUniversity'sobjectiveofexcellenceinresearch,scholarship,andeducationbypublishingworldwideinOxfordNewYorkAucklandBangkokBuenosAiresCapeTownChennaiDaresSalaamDelhiHongKongIstanbul
8、KarachiKolkataKualaLumpurMadridMelbourneMexicoCityMumbaiNairobiSaoPauloShanghaiTaipeiTokyoTorontoOxfordisaregisteredtrademarkofOxfordUniversityPr
