Asset Pricing: A Structural Theory And Its Applications

"Asset Pricing: A Structural Theory And Its Applications" by Bing Cheng is an essential read for anyone interested in the intricate world of finance and economic theory. Published by World Scientific Publishing Co Pte Ltd in 2008, this hardback edition spans 92 pages and delves into the fundamental role that asset pricing models play in understanding investments and securities. Cheng introduces a robust structural theory that not only evaluates these models but also sheds light on the intriguing Equity Premium Puzzle. This book is a valuable resource for finance professionals, students, and academics alike, offering insights that bridge theoretical concepts with real-world applications. Enhance your understanding of asset pricing and its implications in today's financial landscape with this comprehensive guide.