Consumption-based asset pricing theory
David Schroeder (Birkbeck, University of London)
Abstract:
This lecture provides an introduction into consumption-based asset pricing theory. It starts by deriving the basic asset pricing equation from the consumer’s utility maximization problem. Then we apply the concept to many different areas of asset pricing.
Location:
ENS Paris-Saclay
4 avenue des Sciences, 91190, Gif-sur-Yvette
