Capital asset prices with heterogeneous beliefs
Data up to Jan 2025
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Abstract
References (28)
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
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THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…
1975 • 7,346 citations
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CAPITAL MARKET EQUILIBRIUM FOR A CLASS OF HETEROGENEOUS EXPECTATIONS IN A TWO‐PARAMETER WORLD†
1976 • 37 citations
Capital Market Equilibrium for a Class of Heterogeneous Expectations in a Two-Parameter World
1976 • 13 citations
Measuring portfolio performance
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