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Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets (Princeton Lectures in Finance) By Darrell Duffie
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- Sales Rank: #325511 in Books
- Published on: 2012-01-08
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x .60" w x 6.40" l, .70 pounds
- Binding: Hardcover
- 128 pages
Review
"Extremely informative and revealing, the book leads readers to a world of dark corners of the financial market. Those who dabble in the market should definitely read it for understanding the pitfalls and those who don't must read it for the satisfaction of knowing what they have not missed. Either way it is a valuable read."--R. Balashankar, Organiser
"Dark Markets offers a concise introduction to OTC markets by explaining key conceptual issues and modeling techniques, and by providing readers with a foundation for more advanced subjects in this field."--World Book Industry
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 descibes 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
About the Author
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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