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The paradox of asset pricing /
"Bossaerts writes that the existing empirical evidence may be tainted by the assumptions needed to make sense of historical field data or by reanalysis of the same data. To address the first problem, he demonstrates that one central assumption - that markets are efficient processors of informat...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton, N.J. :
Princeton University Press,
[2002]
|
| Colección: | Frontiers of economic research.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Bossaerts, Peter L., |d 1960- |e author. | |
| 245 | 1 | 4 | |a The paradox of asset pricing / |c Peter Bossaerts. |
| 264 | 1 | |a Princeton, N.J. : |b Princeton University Press, |c [2002] | |
| 264 | 4 | |c ©2002 | |
| 300 | |a 1 online resource : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a data file | ||
| 490 | 1 | |a Frontiers of economic research | |
| 504 | |a Includes bibliographical references and index. | ||
| 520 | 8 | |a "Bossaerts writes that the existing empirical evidence may be tainted by the assumptions needed to make sense of historical field data or by reanalysis of the same data. To address the first problem, he demonstrates that one central assumption - that markets are efficient processors of information, that risk is a knowable quantity, and so on - can be relaxed substantially while retaining core elements of the existing methodology. The new approach brings novel insights to old data. As for the second problem, he proposes that asset pricing theory be studied through experiments in which subjects trade purposely designed assets for real money | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | 0 | |t Principles of Asset-Pricing Theory -- |t Stochastic Dynamic Programming -- |t An Application to a Simple Investment-Consumption Problem -- |t A Nontrivial Portfolio Problem -- |t Portfolio Separation -- |t Toward the First Asset-Pricing Model -- |t Consumption-Based Asset-Pricing Models -- |t Asset-Pricing Theory: The Bottom Line -- |t Arrow-Debreu Securities Pricing -- |t Roll's Critique -- |t Time Nonseparable Preferences -- |t Existence of Equilibrium -- |t Price Discovery -- |t Empirical Methodology -- |t The Efficient Markets Hypothesis (EMH) -- |t Violations of the Stationarity Assumption -- |t Inference in a Nonstationary World -- |t Testing the CAPM -- |t A Linear Test -- |t A Nonlinear Test -- |t The Fama-MacBeth Procedure -- |t Can One Condition on Less than the Entire State Vector in Tests of the CAPM? -- |t Testing Consumption-Based Asset-Pricing Models -- |t Diagnostics: Variance Bounds -- |t The Empirical Evidence in a Nutshell -- |t Empirical Evidence on the CAPM -- |t Hansen-Jagannathan Bounds -- |t GMM Tests of Consumption-Based Models -- |t Cross-Sectional Tests -- |t The Experimental Evidence -- |t A Typical Asset-Pricing Experiment -- |t Theoretical Predictions -- |t Experimental Results -- |t Announced and Perceived Uncertainty -- |t The Scale of Experimentation -- |t Formal Tests -- |t The CAPM -- |t The Arrow-Debreu Model -- |t From EMH to Merely Efficient Learning -- |t Bayesian Learning -- |t Digital Option Prices under ELM -- |t Limited Liability Security Prices under ELM -- |t Revisiting an Earlier Example -- |t Revisiting the Historical Record -- |t U.S. IPO Aftermarket Performance. |
| 590 | |a JSTOR |b Books at JSTOR Evidence Based Acquisitions | ||
| 590 | |a JSTOR |b Books at JSTOR All Purchased | ||
| 590 | |a JSTOR |b Books at JSTOR Demand Driven Acquisitions (DDA) | ||
| 650 | 0 | |a Capital assets pricing model. | |
| 650 | 0 | |a Efficient market theory. | |
| 650 | 0 | |a Securities. | |
| 650 | 6 | |a Modèle d'évaluation des actifs financiers. | |
| 650 | 6 | |a Hypothèse du marché efficient. | |
| 650 | 6 | |a Valeurs mobilières. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Finance. |2 bisacsh | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Economics |x Theory. |2 bisacsh | |
| 650 | 7 | |a Capital assets pricing model |2 fast | |
| 650 | 7 | |a Efficient market theory |2 fast | |
| 650 | 7 | |a Securities |2 fast | |
| 650 | 7 | |a Capital-Asset-Pricing-Modell |2 gnd | |
| 650 | 7 | |a Kapitalmarkteffizienz |2 gnd | |
| 650 | 7 | |a Kursbildung |2 gnd | |
| 650 | 7 | |a Aktienkurs |2 gnd | |
| 650 | 1 | 7 | |a Portfolio-theorie. |2 gtt |
| 650 | 1 | 7 | |a Prijstheorie. |2 gtt |
| 650 | 1 | 7 | |a Efficiëntie. |2 gtt |
| 650 | 1 | 7 | |a Dynamische programmering. |2 gtt |
| 650 | 1 | 7 | |a Stochastische programmering. |2 gtt |
| 655 | 0 | |a Electronic books. | |
| 776 | 0 | 8 | |i Print version: |a Bossaerts, Peter L., 1960- |t Paradox of asset pricing |z 0691090297 |w (DLC) 2001055194 |w (OCoLC)48221483 |
| 830 | 0 | |a Frontiers of economic research. | |
| 856 | 4 | 0 | |u https://jstor.uam.elogim.com/stable/10.2307/j.ctt5hhpw2 |z Texto completo |
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| 938 | |a Internet Archive |b INAR |n paradoxofassetpr0000boss | ||
| 938 | |a YBP Library Services |b YANK |n 11390530 | ||
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