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- W2769439113 abstract "Chapter 2 introduces the main question to be considered in the text: viewing financial assets as claims to uncertain (risky) future income streams, how should these claims be valued? The four available approaches to this question are reviewed in anticipation of their detailed consideration in the chapters to follow. Several historical stylized facts of asset prices and their rates of return are presented as benchmarks for judging the validity of our asset pricing perspectives." @default.
- W2769439113 created "2017-12-04" @default.
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- W2769439113 date "2015-01-01" @default.
- W2769439113 modified "2023-09-24" @default.
- W2769439113 title "The Challenges of Asset Pricing" @default.
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- W2769439113 doi "https://doi.org/10.1016/b978-0-12-386549-6.00002-4" @default.
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