MATHEMATICS COLLOQUIUM
Speaker:Paul Beaumont.
Title: An economist's view of asset pricing theory.
Affiliation: Florida State University.
Date: Friday, October 20.
Place and Time: Room 101 - Love Building, 3:35-4:35 pm.
Refreshments: Room 204 - Love Building, 3:00 pm.
Abstract. The economic theory behind the standard formulae of
applied asset pricing
will be discussed. A dynamic control problem arises from the agent's
optimization problem and the solutions to that problem lead to various
results in finance. Understanding the economics behind the finance is
important for developing new pricing models. The talk might be subtitled
"Economics is to finance as physics is to engineering."
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