The Capital Asset Pricing Model in the 21st Century : Analytical, Empirical, and Behavioral Perspectives
by
Haim Levy
Book Details
Format
Paperback / Softback
ISBN-10
052118651X
ISBN-13
9780521186513
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Oct 30th, 2011
Print length
456 Pages
Weight
614 grams
Dimensions
15.30 x 22.90 x 2.40 cms
Product Classification:
Finance
Ksh 7,200.00
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Behavioral economics and the classical models in finance, such as the Capital Asset Pricing Model (CAPM), seemingly contradict each other. This tension is particularly strong for professors who teach both the CAPM and behavioral finance. This book bridges prospect theory and the classical models in finance to show that there is no contradiction between them.
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