Showing 1 - 10 of 312
Persistent link: https://www.econbiz.de/10000881308
Persistent link: https://www.econbiz.de/10008729694
Persistent link: https://www.econbiz.de/10003763432
Persistent link: https://www.econbiz.de/10000785564
Persistent link: https://www.econbiz.de/10003372047
Persistent link: https://www.econbiz.de/10000950679
Persistent link: https://www.econbiz.de/10013489895
In this paper we address three main objections of behavioral finance to the theory of rational finance, considered as … “anomalies” the theory of rational finance cannot explain: (i) Predictability of asset returns; (ii) The Equity Premium; (iii …) The Volatility Puzzle. We offer resolutions of those objections within the rational finance. We do not claim that those …
Persistent link: https://www.econbiz.de/10012842392
Persistent link: https://www.econbiz.de/10011787424
There appears to be a consensus that the recent instability in global financial markets may be attributable in part to the failure of financial modeling. More specifically, current risk models have failed to properly assess the risks associated with large adverse stock price behavior. In this...
Persistent link: https://www.econbiz.de/10008653556