The B case discusses the project manager's decision to accept the contract and reveals his thinking in arriving at a …

"We evaluate the asset pricing implications of a class of models in which risk sharing is imperfect because of limited … pricing aggregate risk. We find that for high values of the relative risk aversion coefficient, the limited enforcement … pricing kernel generates a market price of risk that is substantially closer to the data than the one obtained using the …

We evaluate the asset pricing implications of a class of models in which risk sharing is imperfect because of limited … pricing aggregate risk. We find that for high values of the relative risk aversion coefficient, the limited enforcement … pricing kernel generates a market price of risk that is substantially closer to the data than the one obtained using the …

We evaluate the asset pricing implications of a class of models in which risk sharing is imperfect because of limited … pricing aggregate risk. We find that for high values of the relative risk aversion coefficient, the limited enforcement … pricing kernel generates a market price of risk that is substantially closer to the data than the one obtained using the …

calculating rates of return to education by incorporating the risk premium. Recognizing that market risk isn't the only factor … Multifactor CAPM. Following this model we assess, except market risk, the impact of three key macroeconomic variables (investments … respect to investment in education. We also evaluate the risk - adjusted performance of investment in education and the role …