http://www.merlot.org:80/merlot/ A search of MERLOT materials Copyright 1997-2013 MERLOT. All rights reserved. Sun, 19 May 2013 11:54:06 PDT Sun, 19 May 2013 11:54:06 PDT http://www.merlot.org:80/merlot/images/merlot.gif http://www.merlot.org:80/merlot/ 44 34 http://www.merlot.org/merlot/viewMaterial.htm?id=557894 " This book is a non-technical introduction to auction theory; its practical application in auction design (including many examples); and its uses in other parts of economics. It can be used for a graduate course on auction theory, or – by picking selectively – an advanced undergraduate or MBA course on auctions and auction design.Part A introduces the basic theory. Part B shows how modern auction-theoretic tools illuminate a range of mainstream economic questions that are superficially unconnected with auctions. Part C discusses practical auction design. Part D describes the one-hundred-billion dollar 3G mobile-phone license auctions. None of the writing is technical, except in the Appendices.״ http://www.merlot.org/merlot/viewMaterial.htm?id=691617 'This book critically reviews literature on business cycles and financial crises. It starts with an investigation of issues concerning the existence and nature of business cycles. It then examines Minsky’s financial instability hypothesis and the role of the financial sector in generating business cycles and considers the implications for bank regulation and supervision. Written at a level suitable for graduate students, the book brings together the literature from monetary and financial economics with that on business cycles.' http://www.merlot.org/merlot/viewMaterial.htm?id=562708 ״This review presents a general theory of financial crashes and of stock market instabilities that his co-workers and the author have developed over the past seven years. We start by discussing the limitation of standard analyses for characterizing how crashes are special. We conclude by presenting our view of the organization of financial markets.״ http://www.merlot.org/merlot/viewMaterial.htm?id=562646 ״These are the lecture notes for a course in continuous time finance. Contents: stochastic processes in continuous time, financial market theory, stochastic integration, explicit financial market models, and portfolio optimization.״ http://www.merlot.org/merlot/viewMaterial.htm?id=511368 ״This free book and Exercises evaluate Modern Portfolio Theory (Markowitz, CAPM, MM and APT) for future study. From the original purpose of MPT through to asset investment by management, we learn why anybody today with the software and a reasonable financial education can model portfolios. However, one lesson from the 2007 meltdown is that computer driven models are so complex that hardly anybody understands what is going on. Returning to first principles, we learn why investors and not their computers should always interpret their results. Moreover, MPT is a guide to action and not a substitute. Investors should understand the models that underpin the computer programmes they run.״ http://www.merlot.org/merlot/viewMaterial.htm?id=617704 This is a free, online textbook offered by Book Boon. This Exercise book and theory text evaluate Modern Portfolio Theory (Markowitz, CAPM and APT) for future study. From the original purpose of MPT through to asset investment by management, we learn why anybody today with the software and a reasonable financial education can model portfolios. However, one lesson from the 2007 meltdown is that computer driven models are so complex that hardly anybody understands what is going on. Returning to first principles, we learn why investors and not their computers should always interpret their results. Moreover, MPT is a guide to action and not a substitute. Investors should understand the models that underpin the computer programmes they http://www.merlot.org/merlot/viewMaterial.htm?id=562649 ״The purpose of this book is to postulate some theories and test them numerically. Estimation is often a difficult task and it has wide application in social sciences and financial market. This book has been designed for graduate students and researchers who are active in the area of estimation and data sampling applied in financial survey modeling and applied statistics.״ http://www.merlot.org/merlot/viewMaterial.htm?id=512214 This is a free, online textbook offered by Bookboon.com. Topics include: 1 Discrete-time stochastic processes2 Continuous-time stochastic processes3 Stochastic integral and Itô’s lemma http://www.merlot.org/merlot/viewMaterial.htm?id=563100 ״Provides guidance on trading operations and related capital-markets banking activities. Details sound management practices and key examination and review considerations for trading and capital-markets activities. Includes discussions of a wide range of risk management issues encountered in trading and dealer operations, including market risk, counterparty credit risk, legal risk, financial reporting, accounting, and ethics. Profiles thirty-five specific financial instruments commonly encountered in trading and capital-markets-related activities.״ http://www.merlot.org/merlot/viewMaterial.htm?id=562435 'In this "down and dirty" diatribe about American finance, journalist and New York radio personality Henwood makes no attempt at a balanced portrayal of Wall Street. He aims to "embarrass official wisdom" and expose the financial world's weaknesses, perhaps too gloatingly. Intemperate phrasing abounds, e.g., "real estate is based on milking wealth from land and tenants." Admittedly, Henwood flails at both the Left and the Right, and he doesn't hide his biases, but he lovingly quotes Keynes and Marx a little too often. Henwood doesn't claim to be offering any practical investment advice; nor does he present any solutions to the problems against which he fulminates. The result is a difficult, divisive, unpleasant, querulous, and uninstructive book that larger business collections might tolerate.'