Recursive preferences in asset pricing theory

FIN526 Recursive preferences in asset pricing theory

  • Topics

    Topics

    Recursive methods have become a standard tool for studying economic behavior in dynamic stochastic environments. Recursive preferences that is the natural complement to this framework and has become the de facto standard in modern asset-pricing theory. This class is a quantitative, seminar course in use of recursive preferences in asset pricing theory. Each class will familiarize the students with the key insights in a current topic of research in asset pricing, and will show recent work in different areas.  

     

  • Learning outcome

    Learning outcome

     

  • Teaching

    Teaching

    6 meetings of 3 hours each throughout the semester.

    The course is offered in the Fall semester.

    Not regularly offered - please contact the course supervisor.

  • Required prerequisites

    Required prerequisites

     

  • Requirements for course approval

    Requirements for course approval

    Presentations and active participation in class

     

  • Assessment

    Assessment

    Term paper

  • Grading Scale

    Grading Scale

    Grading scale: Pass / Fail.

  • Computer tools

    Computer tools

     

  • Semester

    Semester

     

  • Literature

    Literature

    Articles

     

Overview

ECTS Credits
5
Teaching language
English.
Semester
Autumn

Course responsible

Espen Henriksen, Department of Finance