Arbitrage Opportunity, Impossible Frontier, and Logical Circularity in CAPM Equilibrium
| Year of publication: |
2020
|
|---|---|
| Authors: | Abad, Pharos |
| Publisher: |
[2020]: [S.l.] : SSRN |
| Subject: | CAPM | Arbitrage | Theorie | Theory | Portfolio-Management | Portfolio selection | Finanzmarkt | Financial market | Kapitaleinkommen | Capital income |
| Description of contents: |
Given the wealth and preference of each investor, we obtain the analytical solutions of the asset price for mean-variance market equilibrium (CAPM equilibrium, see Proposition 4)
|
freely available
| Extent: | 1 Online-Ressource (73 p) |
|---|---|
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 17, 2020 erstellt |
| Other identifiers: | 10.2139/ssrn.3542055 [DOI] |
| Classification: | G12 - Asset Pricing ; G11 - Portfolio Choice ; D52 - Incomplete Markets |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012841039