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- W2241831470 abstract "This paper discusses an information-theoretic quantity called entropy, and proposes its use as a measurement of risk. I provide evidence from the cross-section of stock returns that investors undervalue stocks that exhibit high realized entropy. This evidence suggests that entropy is an important determinant of attitudes towards risk, and should be studied further." @default.
- W2241831470 created "2016-06-24" @default.
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- W2241831470 date "2011-01-01" @default.
- W2241831470 modified "2023-09-26" @default.
- W2241831470 title "Entropy and the Cross-Section of Stock Returns" @default.
- W2241831470 doi "https://doi.org/10.2139/ssrn.1836670" @default.
- W2241831470 hasPublicationYear "2011" @default.
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