Stochastic Optimization Models In Finance (2006 Edition)

"Ziemba and Vickson's Stochastic Optimization Models in Finance remains to this day a timeless collection of articles by prominent scholars including Dreze, Fama, Merton, Modigliani, Samuelson, Stiglitz and Wilson. The second edition makes this classic collection accessible under one cover. I strongly recommend it to the serious student of financial economics." George M Constantinides Leo Melamed Professor of Finance Graduate School of Business, The University of Chicago "It took thirty years for the time of this book to come. But come it did -- and students of the numerous contemporary treatments of portfolio models do well to acquaint themselves with the wealth of information that Ziemba and Vickson amassed in this comprehensive volume. This publication does not simply have the potential of becoming a classic -- it is already one." Stavros A Zenios University of Cyprus and The Wharton Financial Institutions Center "It is a testament to the foresight of the editors that much of current research in financial economics can be traced back to the papers and mind expanding exercises contained in this book. In fact, so many hidden gems remain unexploited that this handbook will almost surely also contain the foundations for many future classics." Jean-Pierre Zigrand Department of Accounting and Finance and Financial Markets Group The London School of Economics