theory of finance
sort by: Relevancy | Title try advanced search for more options
-
-
-
-
The latest business model for web-based companies is to provide services to the consumers for free. Roberts talks about the operations of such a model, in which advertising is the only source of revenue. She elaborates on how companies are learning to value the concept of 'nothing'.
-
Pedro Aspe, Former Secretary of Finance, Mexico and CEO of Protego, discusses two central conditions for an entrepreneurial society: 1) Education and 2) Reliable Institutions. Aspe emphasizes the importance of removing discretionary power, in matters of trade and finance, from the hands of public officials in order increase the reliability of an economic system. Aspe associates the remaining discretionary power on these matters with the ex...more
-
Over time, economists' justifications for why free markets are a good thing have changed. In the first few classes, we saw how under some conditions, the competitive allocation maximizes the sum of agents' utilities. When it was found that this property didn't hold generally, the idea of Pareto efficiency was developed. This class reviews two proofs that equilibrium is Pareto efficient, looking at the arguments of economists Edgeworth and ...more
-
Several theories in finance relate to stock price analysis and prediction. The efficient markets hypothesis states that stock prices for publicly-traded companies reflect all available information. Prices adjust to new information instantaneously, so it is impossible to "beat the market." Furthermore, the random walk theory asserts that changes in stock prices arise only from unanticipated new information, and so it is impossible to predic...more
-
Lecture 1 of Leonard Susskind's Modern Physics concentrating on General Relativity. Recorded September 22, 2008 at Stanford University.
-
In this lecture, Professor Leonard Susskind of the Stanford University Physic's Department discusses dark energy, the tendency of it to tear atoms apart, and Gauss's Law.
-
In this lecture, Leonard Susskind continues his discussion of Einstein's theory of general relativity. He also gives a broad overview of the field of tensor calculus and it's relation to the curvature and geometry of space-time.
-
October 13, 2008, Stanford's Felix Bloch Professor of Physics, Leonard Susskind, discusses covariant and contra variant indices, tensor arithmetic, algebra and calculus, and the geometry of expanding space time.
-
Lecture 9 of Leonard Susskind's Modern Physics concentrating on General Relativity. Recorded November 17, 2008 at Stanford University.
