Intermediate Financial Theory

Author:   Jean-Pierre Danthine (Enterprise for Society Center, UniL-IMD- EPFL, Lausanne, Switzerland) ,  John B. Donaldson (Mario J. Gabelli Professor of Finance at Columbia University Business School, New York, NY, USA) ,  Samuel Danthine (ENSAI, France)
Publisher:   Elsevier Science Publishing Co Inc
Edition:   4th edition
ISBN:  

9780443289026


Pages:   696
Publication Date:   04 December 2025
Format:   Paperback
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Our Price $221.76 Quantity:  
Pre-Order

Share |

Intermediate Financial Theory


Overview

Intermediate Financial Theory, Fourth Edition provides an updated and thorough explanation of basic financial concepts, in a manner accessible both to those new to the subject and to those without a deep background in advanced mathematics. It is ideal for students with a background in Economics who are looking for an accessible yet rigorous introduction to financial theory beyond basic MBA-level textbooks. While not as dense as highly technical Ph.D. presentations tend to be, this valuable text seeks rather to integrate academic expertise with real-world experience from leading experts in the field. The fourth edition has been fully updated and is supplemented by extensive online resources.

Full Product Details

Author:   Jean-Pierre Danthine (Enterprise for Society Center, UniL-IMD- EPFL, Lausanne, Switzerland) ,  John B. Donaldson (Mario J. Gabelli Professor of Finance at Columbia University Business School, New York, NY, USA) ,  Samuel Danthine (ENSAI, France)
Publisher:   Elsevier Science Publishing Co Inc
Imprint:   Academic Press Inc
Edition:   4th edition
Weight:   1.030kg
ISBN:  

9780443289026


ISBN 10:   0443289026
Pages:   696
Publication Date:   04 December 2025
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Forthcoming
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

1. Role of Financial Markets 2. Challenges of Asset PricingII. 3. Choices in Risky Situations 4. Measuring Risk and Risk Aversion 5. Risk Aversion and Investment Decisions, Part 1 6. Risk Aversion and Investment Decisions, Part 2 7. Risk Aversion and Investment Decisions, Part 3III 8. The CAPM 9. Arrow-Debreu Pricing,Part I 10. The Consumption Capital Asset Pricing Model (CCAPM) 11. Arrow Debreu Pricing, Part IIIV. 12. The Martingale Measure in Discrete Time, Part 1 13. The Martingale Measure in Discrete Time, Part 2 14. The APT 15. Continuous Time Finance 16. Portfolio Management in the Long Run 17. Financial Structure and Firm Valuation in Incomplete MarketsV. 18. Financial Equilibrium with Differential Information

Reviews

Author Information

Jean-Pierre Danthine is Honorary Director of the Enterprise for Society Center (E4S), a center affiliated to UNIL-HEC, IMD and EPFL, of which he was Managing Director from its foundation in December 2019 until 30 April 2023. He is a Distinguished Research scholar at IMD and an honorary professor at the University of Lausanne and the EPFL (Ecole Polytechnique de Lausanne). From 2015 to 2021 he was President of the Paris School of Economics. From 2010 to 2015 he was a member of the Governing Board of the Swiss National Bank, of which he was Vice-Chairman from 2012. He was Managing Director of the Swiss Finance Institute from its foundation in 2006 until the end of 2009. Professor Danthine previously taught at Columbia University and held visiting appointments at CUNY Graduate Center, University of Southern California (Los Angeles), Université d'Aix-Marseille, Université Laval (Québec), as well as Universities of Toulon and Dijon. His publications have appeared in Econometrica, the Journal of Political Economy, the Review of Economic Studies, the Journal of Finance and other leading international journals. John B. Donaldson holds the Mario J. Gabelli Professorship in Finance at Columbia Business School. For many years he taught courses both in corporate finance and options. More recently his teaching has been devoted to macroeconomics. His research focuses on the influence of business cycle phenomena on the pricing of financial assets, with a particular emphasis on the impact of the real side of the economy. Most recently he has studied the possible financial implications of a more stakeholder oriented economy. His work has appeared in numerous professional journals, including the Journal of Economic Dynamics and Control, Econometrica, the Journal of Economic Theory, Quantitative Analysis, and the Journal of Monetary Economics. Samuel Danthine is currently associate professor in Economics at École Nationale de la Statistique et de l’Analyse de l’Information (Université de Rennes - ENSAI), where he is also Head of the Risk Management and Financial Engineering and the Economic Modelling and Health Economics master programs. He has previously taught at the Université du Québec à Montréal, and held visiting appointments at HEC Lausanne, the Universidad de Málaga, departamento de Teoria e Historia Economica, the Université de Sherbrooke, and Concordia University.

Tab Content 6

Author Website:  

Countries Available

All regions
Latest Reading Guide

NOV RG 20252

 

Shopping Cart
Your cart is empty
Shopping cart
Mailing List