haku: @indexterm Risk measurement / yhteensä: 141
viite: 89 / 141
| Tekijä: | Merton, R. C. |
| Otsikko: | A simple model of capital market equilibrium with incomplete information. |
| Lehti: | Journal of Finance
1987 : JUL, VOL. 42:3, p. 483-510 |
| Asiasana: | CAPITAL MARKETS ASSETS RISK MEASUREMENT |
| Kieli: | eng |
| Tiivistelmä: | Financial markets dominated by rational agents may nevertheless produce anomalous behavior relative to the perfect-market model. Institutional complexities and information costs may cause considerable variations in the time scales over which different types of anomalies are expected to be eliminated in the market place. Whether or not the specific information inefficiency posited can be sustained in the long run, the model may provide some intermediate insights into the behavior of security prices. |
SCIMA