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State Prices

Claus Munk

in Financial Asset Pricing Theory

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199585496
eISBN:
9780191751790
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199585496.003.0004
Subject:
Economics and Finance, Econometrics

Individual assets can be priced by combining the future state-dependent asset-specific dividends with a general pricing rule that applies to all assets. The general pricing rule can be represented by ... More


Money and Credit

Ed Nosal and Guillaume Rocheteau

in Money, Payments, and Liquidity

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262016285
eISBN:
9780262298285
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016285.003.0008
Subject:
Economics and Finance, Econometrics

This chapter first outlines the difference between monetary and credit trades, where the former involves an exchange of goods and services without any future obligations; and the latter are ... More


Theology: Is It Rational to Believe in God?

Steven J. Brams

in Game Theory and the Humanities: Bridging Two Worlds

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015226
eISBN:
9780262295932
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015226.003.0003
Subject:
Economics and Finance, Econometrics

This chapter raises a theological question on the relationship between a person (P) and a Superior Being (SB): Is it rational for P to believe in SB’s existence? While SB may be thought of as God, SB ... More


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