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Dark Markets: Asset Pricing and Information Transmission in Over-The-Counter Markets

by Darrell Duffie
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Current price ₹3,562.00
Original price ₹5,088.00
Original price ₹5,088.00
Original price ₹5,088.00
(-30%)
₹3,562.00
Current price ₹3,562.00

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Book cover type: Hardcover
  • ISBN13: 9780691138961
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Princeton University Press
  • Publisher Imprint: Princeton University Press
  • Publication Date:
  • Pages: 128
  • Original Price: USD 55.0
  • Language: English
  • Edition: N/A
  • Item Weight: 318 grams
  • BISAC Subject(s): Investments & Securities / General, Finance / General, and Corporate Finance / General

From the Back Cover

"Over-the-counter markets concern a large set of financial assets and received significant attention during the recent financial crisis. Darrell Duffie has been a key contributor to a promising new area of research that seeks to understand the behavior of these markets. His comprehensive, rigorous book will be very useful to all researchers interested in this important subject."--Dimitri Vayanos, London School of Economics and Political Science

"Dark Markets describes and models over-the-counter markets, with an emphasis on 'doing it right.' People apply the law of large numbers all the time, even when it is inappropriate. This book tells you when it is appropriate. Darrell Duffie is a giant in the field."--Ed Nosal, Federal Reserve Bank of Chicago

Darrell Duffie is the Dean Witter Distinguished Professor of Finance at Stanford University's Graduate School of Business. His books include How Big Banks Fail and What to Do about It and Dynamic Asset Pricing Theory (both Princeton).

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