Intermediate Financial Theory 4th Edition

Intermediate Financial Theory, Fourth Edition once again delivers an updated and thorough explanation, accessible to those new to the subject and without a deep background in advanced mathematics. Ideal for those with a background in economics and looking for an accessible yet rigorous introduction beyond basic basic MBA-level textbooks but not as dense as highly technical Ph.D. presentations, this valuable text combines academic expertise and real-world experience from leading experts in the field. The fourth edition has been fully updated and is supplemented by useful online resources.International Financial Theory, Fourth Edition once again delivers an updated and thorough explanation, accessible to those new to the subject and without a deep background in advanced mathematics. Ideal for those with a background in economics and looking for an accessible yet rigorous introduction beyond basic basic MBA-level textbooks but not as dense as highly technical Ph.D. presentations, this valuable text combines academic expertise and real-world experience from leading experts in the field. The fourth edition has been fully updated and is supplemented by useful online resources.International Financial Theory, Fourth Edition once again delivers an updated and thorough explanation, accessible to those new to the subject and without a deep background in advanced mathematics. Ideal for those with a background in economics and looking for an accessible yet rigorous introduction beyond basic basic MBA-level textbooks but not as dense as highly technical Ph.D. presentations, this valuable text combines academic expertise and real-world experience from leading experts in the field. The fourth edition has been fully updated and is supplemented by useful online resources.

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.