Paradox of Asset Pricing

Auteur: Bossaerts, Peter
Editeur: Princeton University Press
Asset pricing theory abounds with elegant mathematical models. To what extent, however, can these models predict what actually happens in financial markets? This book argues that the empirical record is weak at best. It investigates the scientific character of the pricing of financial assets.
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Asset pricing theory abounds with elegant mathematical models. To what extent, however, can these models predict what actually happens in financial markets? This book argues that the empirical record is weak at best. It investigates the scientific character of the pricing of financial assets.
ISBN / EAN 9780691123134
Auteur Bossaerts, Peter
Editeur Princeton University Press