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Focusing on asset pricing, the book offers a comprehensive graduate-level overview that merges theory with empirical evidence. It covers key theories of portfolio choice and their impacts on asset prices, while addressing real-world risk and return patterns. The author highlights the dynamic relationship between theoretical models and empirical challenges, showcasing predictions about both asset prices and investor behavior. Insights from behavioral economics are incorporated, enhancing the understanding of financial decision-making in markets.
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Financial Decisions and Markets, John Y. Campbell
- Language
- Released
- 2017
- product-detail.submit-box.info.binding
- (Hardcover)
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