FIN 802: Advanced Investment Theory
- Description
- Develops investment theory through the financial economics framework of Von-Neumann Morgenstern utility. This allows exploration of risk aversion, stochastic dominance, and portfolio optimization. MPT and CAPM are derived. Arrow-Debreu contingent claims and option pricing theory are addressed. Additional topics include risk-neutral valuation, stochastic discount factors, and the consumption CAPM.
- Credit units
- 3
- Term description
- 1(1.5L-1.5S)
- College
- Graduate and Postdoc Studies
- Department
- Finance