Showing 71 - 80 of 86,013
Persistent link: https://www.econbiz.de/10011810895
a fatal conceptual problem for the capital asset pricing model (CAPM), which assumes a unique common horizon for all … investors. We show that under the standard assumptions, the theoretical CAPM equilibrium surprisingly holds with the 1-period …
Persistent link: https://www.econbiz.de/10014497444
The momentum anomaly is widely attributed to investor cognitive biases, but the trigger of cognitive biases is largely unexplored. In this study, inspired by psychology studies linking cognitive biases to the noisiness of information, we examine whether momentum returns are associated with high...
Persistent link: https://www.econbiz.de/10013251936
The momentum anomaly is widely attributed to investor cognitive biases, but the trigger of cognitive biases is largely unexplored. In this study, inspired by psychology studies linking cognitive biases to the noisiness of information, we examine whether momentum returns are associated with high...
Persistent link: https://www.econbiz.de/10013251937
Persistent link: https://www.econbiz.de/10013273504
Persistent link: https://www.econbiz.de/10012795703
Persistent link: https://www.econbiz.de/10013397907
Persistent link: https://www.econbiz.de/10013260213
Persistent link: https://www.econbiz.de/10012487460
Persistent link: https://www.econbiz.de/10011720025