Asset Pricing

• Part I — Basic Theoretical Framework
• 1. Consumption-Based TheoryMay 2026
• 2. Static Portfolio TheoryMay 2026
• 3. General Equilibrium Framework: Complete MarketMay 2026
• 4. No Arbitrage Framework: Incomplete MarketMay 2026
• 5. Stochastic Discount FactorMay 2026
• 6. Linear Factor ModelsMay 2026
• 7. Present Value DecompositionMay 2026
• Part II — Asset Pricing Puzzles and Suggested Solutions
• 8. The Dual PuzzleMay 2026
• 9. Suggested Explanation: Epstein-Zin PreferenceMay 2026
• 10. Suggested Explanation: Incomplete MarketMay 2026
• 11. Suggested Explanation: Rare EventsMay 2026
• 12. Suggested Explanation: Habit PersistenceMay 2026
• Part III — Financial Derivatives
• 13. Brownian Motion and Stochastic IntegralMay 2026
• 14. Option PricingMay 2026
• Part IV — Topics in Asset Pricing
• 15. More on Portfolio Choice ProblemMay 2026
• 16. Learning under UncertaintyMay 2026
• 17. Markovian Asset PricingMay 2026
• 18. Robustness to MisspecificationMay 2026
• 19. Asset Pricing in Production EconomyMay 2026
• 20. Demand and Asset PricingMay 2026
• 21. Other Specifications with Recursive UtilityMay 2026
• Part V — Reduced Form Empirical Analysis
• 22. OverviewMay 2026
• 23. Stochastic Discount Factor ExtractionMay 2026
• 24. GMM for Linear Factor ModelsMay 2026
• 25. Dynamic Factor ModelsMay 2026
• 26. Bayesian Learning with Subjective BeliefsMay 2026
• 27. Subjective Expectations and Investor DecisionsMay 2026
• 28. Fixed Income Asset and Term StructureMay 2026
• 29. Machine Learning in Asset PricingMay 2026
• 30. Investor's Decision-Making in High Dimensional EnvironmentsMay 2026
• 31. International Asset PricingMay 2026
• Part VI — Appendix
• 32. Utility FunctionsMay 2026
• 33. Aggregation and Risk SharingMay 2026
• 34. Distribution ComparisonMay 2026
• 35. Brownian MotionMay 2026
• 36. Stochastic IntegralMay 2026
• 37. Ito's LemmaMay 2026
• 38. Change Probability MeasureMay 2026
• 39. Mean and Variance Estimation with High Frequency DataMay 2026