Paradox of asset pricing, the
Auteur :
Bossaerts, Peter
Éditeur :
Princeton University Press
ISBN :
9780691123134
Date de publication :
17 janv. 2005
Dimensions :
23,5 x 15,2 cm
Poids :
28 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
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.