Gobble
发表于 2025-3-26 21:47:45
Solutions to Financial Economics978-3-662-59889-4Series ISSN 2192-4333 Series E-ISSN 2192-4341
Nuance
发表于 2025-3-27 03:03:58
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构想
发表于 2025-3-27 08:34:19
Book 2019ings that help us to understand many puzzles in traditional finance. Tailor-made for master’s and PhD students, it includes tests and exercises that enable students to keep track of their progress. Parts of the book can also be used at the bachelor level..
推延
发表于 2025-3-27 10:19:48
2 Decision TheoryConsider the following game: you roll a dice, if you roll a 6, you win 6 million € otherwise you win nothing. You can play only once. Let us assume your expected utility function is given by .(.) =log.. (base 10 logarithm, i.e., log.(10.) = .) and your initial wealth is 10,000 €.
发电机
发表于 2025-3-27 13:58:28
3 Two-Period Model: Mean-Variance ApproachThere are two risky assets, . = 1, 2 and one risk-free asset with return of 2%. Risky assets cannot be short sold. The expected returns of the risky assets are .. := 5% and .. := 7.5%. The covariance matrix is:
Derogate
发表于 2025-3-27 21:15:29
5 Multiple-Periods ModelLet us consider the following three-period model where the returns of two assets are marked at each node
GRILL
发表于 2025-3-27 23:43:19
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背叛者
发表于 2025-3-28 05:26:47
8 Time-Continuous ModelLet . be a Wiener process. Find the expressions for
转折点
发表于 2025-3-28 07:47:01
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兽皮
发表于 2025-3-28 11:03:06
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