Main description: Asset pricing theory abounds with elegant mathematical models. The logic is so compelling that the … novel insights to old data. As for the second problem, he proposes that asset pricing theory be studied through experiments …

self-contained and up-to-date view of this field, including many new results, to scholars interested in economic theory and … develops a comprehensive, integrated theory pertaining to supermodularity, complementarity, and monotone comparative statics …. It then applies that theory in the analysis of many diverse economic models formulated as decision problems …