Asset Pricing and Portfolio Choice Theory 2nd Edition

Discover the intricacies of financial markets with the second edition of “Asset Pricing and Portfolio Choice Theory” by acclaimed author Kerry E. Back. Published by Oxford University Press, this comprehensive text delves deep into the pivotal theories and methodologies that shape asset pricing and portfolio selection.

This edition presents enhanced coverage of modern techniques and updated empirical findings, making it an essential resource for both students and professionals in finance. Back’s clear and engaging writing style breaks down complex concepts into easily digestible segments, ensuring that readers can grasp the fundamental principles of risk and return.

Key features include an in-depth exploration of equilibrium models, the integration of behavioral finance perspectives, and practical applications of portfolio theory. Each chapter is thoughtfully structured with theoretical insights complemented by real-world examples, allowing readers to see how these principles apply in various market conditions.

Whether you’re a finance student seeking a solid foundation or a practitioner looking to refine your understanding of asset pricing strategies, this book is your gateway to mastering the art and science of portfolio choice. Equip yourself with the knowledge to navigate the complexities of today’s financial landscape with Kerry E. Back’s authoritative guide.

Note: eBooks do not include supplementary materials such as CDs, access codes, etc.