The third edition of this popular introduction to the classical underpinnings of the mathematics behind finance continues to combine sound mathematical principles with economic applications

The contributors to Pension Design and Structure explore the assumptions behind commonly-held theories of retirement decision-making, and the consequences of the growing volume of research in behavioral finance and economics for the field of pension research. This is the first book to explore the implications of behavioral finance research for pensions and retirement studies.

Financial markets are generally seen as efficient mechanisms that fulfill vital functions within economies but do they really operate in such a straightforward manner?

The only comprehensive volume designed to show how markets work, revealing why some traders profit while others fail

A complex and fascinating picture of "Baby Boomers" as they move into retirement