EAN: 9780691160801

FINANCIAL DECISIONS AND MARKETS - JOHN Y CAMPBE...

In Financial Decisions and Markets  John Campbell  one of the field's most respected
authorities  provides a broad graduate-level overview of asset pricing. He introduces students
to leading theories of portfolio choice  their implications for asset prices  and empirical
patterns of risk and return in financial markets. Campbell emphasizes the interplay of theory
and evidence  as theorists respond to empirical puzzles by developing models with new testable
implications. The book shows how models make predictions not only about asset prices but also
about investors' financial positions  and how they often draw on insights from behavioral
economics.

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