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... Jiang, Dasol Kim, Dong Lou, Timothy Loughran, Antti Petajisto, Lee Pinkowitz, Matthew ... While previous studies usually employ the CAPM and the Fama-French model, the ...
... New York, NY 10027 Telephone: 212.854.4109 Email: cj88@columbia.edu Matthew Rhodes-Krop f ... that the expected payoff to the investors discounted at the appropriate CAPM rate ...
You can consult also Rabin, Matthew. "Risk Aversion and Expected-Utility Theory: A ... "Resurrecting the (C)CAPM: A Cross-Sectional Test When Risk Premia Are Time-Varying.
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