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  • Intermediate Financial Theory

    Intermediate Financial Theory by Danthine, Jean-Pierre; Donaldson, John B.; Danthine, Samuel;

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      • Publisher's listprice EUR 78.99
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        32 761 Ft (31 201 Ft + 5% VAT)
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    32 761 Ft

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    Product details:

    • Edition number 4
    • Publisher Elsevier Science
    • Date of Publication 4 December 2025

    • ISBN 9780443289026
    • Binding Paperback
    • No. of pages696 pages
    • Size 235x191 mm
    • Weight 450 g
    • Language English
    • Illustrations Approx. 100 illustrations
    • 700

    Categories

    Long description:

    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.

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    Table of Contents:

    Part One: Introduction
    1. On the Role of Financial Markets and Institutions
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    2. Finance in the 21st Century: Crisis and Sustainability
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    3. The Challenges of Asset Pricing: A Road Map
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine

    Part Two: The Demand for Financial Assets
    4. Making Choices in Risky Situations
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    5. Measuring Risk and Risk Aversion
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    6. Risk Aversion and Investment Decisions, Part I: Subtitle?
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    7. Risk Aversion and Investment Decisions, Part II: Modern Portfolio Theory
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    8. Risk Aversion and Investment Decisions, Part III: Challenges to Implementation
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine

    Part 3: Equilibrium Pricing
    9. The Capital Asset Pricing Model
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    10. Arrow-Debreu Pricing, Part I
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    11. The Consumption Asset Pricing Model, Part I
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    12. The Consumption Asset Pricing Model, Part II.
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine

    Part 4: Arbitrage Pricing
    13. Arrow-Debreu Pricing, Part II
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    14. The Martingale Measure, Part I
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    15. The Martingale Measure, Part II
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    16. The Arbitrage Pricing Theory
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine

    Part 5: Topics
    17. Safe Asset Shortage
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    18. Portfolio Management in the Long Run
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    19. Discounting, the Dice Model as a CAPM
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    20. Sustainable Finance
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    21. Selected Topics in Corporate Finance
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine
    22. Financial Equilibrium with Di_erential Information
    Jean-Pierre Danthine, John B. Donaldson and Samuel Danthine

    Web Chapters include:


    Web chapter 1 supplements to Chapter 1: The Solow Growth Model
    Web chapter 2 supplements to Chapter 2: The European Financial Crisis
    Web chapter 4 supplements to Chapter 4: Advanced Topics on Preferences
    Web chapter 5 supplements to Chapter 5: Excessive Risk Taking and Under Risk Taking and Rabin’s argument
    Web chapter 7 supplements to Chapter 7: More on the Demand for Assets and Ambiguity
    Web chapter 8 supplements to Chapter 8: On Mean Reversion
    Web chapter 11 supplements to Chapter 11: Proof of Theorem 11.2, Corollary 11.1, and More on Aggregation
    Web chapter 12 supplements to Chapter 12: Complements on Bayesian Updating
    Web chapter 13 supplements to Chapter 13: Option Theory: A Refresher
    Web chapter 15 supplements to Chapter 15: An Intuitive Overview of Continuous Time Finance
    Web chapter 16 supplements to Chapter 16: Total Factor Productivity Risk
    Web chapter 17 supplements to Chapter 17: CCAPM and Bond Holding
    Web chapter 18 supplements to Chapter 18: More on Variations on the Risk-Free Rate
    Web chapter 19 supplements to Chapter 19: More on Weitzman and DICE
    Web chapter 21 supplements to Chapter 21: Zero Net Present Value Investment

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