Monday, December 15, 2008

Continuous Time Finance or Facility Management

Continuous -Time Finance

Author: Robert C Merton

Robert C. Merton's widely-used text provides an overview and synthesis of finance theory from the perspective of continuous-time analysis. It covers individual finance choice, corporate finance, financial intermediation, capital markets, and selected topics on the interface between private and public finance.

Journal of Finance - Stephen Ross

The thoughtful way in which the book is organized, the connective sections, and the fullness of this remarkable scholar's accomplishments, succeed in making this collection into a watershed event in finance. It is a testament to how much of modern finance he has formulated, advanced, and, in a meaningful sense, brought to a satisfactory completeness. Modern finance has much to do, but it can do no better than to add to what Merton has already done, and I recommend this book to all who wish to learn what finance has been up to for the past two decades.

Manchester School - Norman Strong

A coherent text that represents a bible on continuous-time finance. Anyone with an interest in financial economics will be aware of the outstanding achievements of Robert C. Merton. To these individuals the book will come as no disappointment. It will undoubtedly be a classic reference on continuous-time finance for many years to come.

Review of Financial Studies - Suresh Sundaresan

John Maynard Keynes alludes to economics in the following terms ...'the delightful paths of our own most agreeable branch of moral sciences, in which theory and fact, intuitive imagination and practical judgment, are blended in a manner comfortable to the human intellect.' Robert C. Merton's Continuous Time Finance, which comes to us more than 20 years after his first paper appeared, squarely fits this description.

Economic Journal - Michael Selby

I do not see how one can undertake research in intertemporal asset-pricing under uncertainty without studying very carefully the past and present work of Robert C. Merton. Accordingly, Basil Blackwell has done the academic and non-academic finance community a great service by publishing this book.



Interesting textbook: Making Wild Wines and Meads or Gentleman at the Table

Facility Management

Author: Edmond P Rondeau

From the moment it was first published, Facility Management became the ultimate reference for facility and design professionals who want to create a productive workplace that corresponds to the short- and long-term goals of their corporation. This Second Edition provides complete, fully up-to-date information and guidance on the evolving facility management profession that will help facility professionals and their service providers meet and exceed these goals.

Booknews

A comprehensive guide that provides the decision making strategies necessary for facility managers and design professionals to create productive work environments that correspond to the short- and long- term goals of the corporation. It covers long-range planning in facility management; space planning and design alternatives which focus on people and their interaction with new technologies and the environment; successful construction management and renovation projects; and current professional trends and resources for career development. It provides examples, policies, procedures, forms, and exhibits that can be adapted for specific corporate needs. Annotation c. Book News, Inc., Portland, OR (booknews.com)



Table of Contents:
1An Overview of Facility Management1
2Long-Range and Annual Facility Planning64
3Facility Financial Forecasting and Management123
4Real Estate Considerations, Analysis, and Planning168
5Architectural and Engineering Planning and Design300
6Interior Programming and Space Planning352
7Construction and Renovation Work393
8Maintenance and Operations486
9General Administrative Services549
10Successful Facility Management591
Glossary of Facility Management Definitions and Buzz Words606
Index615

No comments: