haku: @indexterm INVESTMENT / yhteensä: 2128
viite: 306 / 2128
| Tekijä: | Lewellen, J. Shanken, J. |
| Otsikko: | Learning, asset-pricing tests, and market efficiency |
| Lehti: | Journal of Finance
2002 : JUN, VOL. 57:3, p. 1113-1145 |
| Asiasana: | ASSETS INVESTMENT MARKET EFFICIENCY LEARNING PRICING |
| Kieli: | eng |
| Tiivistelmä: | This paper studies the asset-pricing implications of parameter uncertainty. The authors show that, when investors must learn about expected cash flows, empirical tests can find patterns in the data that differ from those perceived by rational investors. |
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