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The Paradox of Asset Pricing

By: Peter Bossaerts (Author)

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Ksh 11,850.00

Format: Paperback or Softback

ISBN-13: 9780691123134

Publisher: Princeton University Press

Publication Date: Jan 17th, 2005

Weight: 286 grams

Dimension: 14.90 x 22.60 x 1.50 cms

Category: Investment & securities

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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.

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