The Limits of Arbitrage

CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*

1964 • 15,720 citations

The Cross‐Section of Expected Stock Returns

1992 • 15,031 citations

The Behavior of Stock-Market Prices

1965 • 8,575 citations

The arbitrage theory of capital asset pricing

1976 • 7,056 citations

Noise Trader Risk in Financial Markets

1990 • 6,029 citations

A Simple Model of Capital Market Equilibrium with Incomplete Information

1987 • 5,293 citations

Contrarian Investment, Extrapolation, and Risk

1994 • 4,396 citations

Essays in Positive Economics.

1954 • 3,297 citations

Herd Behavior and Investment

1990 • 2,877 citations

Liquidation Values and Debt Capacity: A Market Equilibrium Approach

1992 • 2,708 citations

Liquidity and Market Structure

1988 • 1,528 citations

The Case for Flexible Exchange Rates

1996 • 1,213 citations

Consumer Reaction to Measures of Poor Quality: Evidence from the Mutual Fund Industry

1992 • 1,130 citations

Expectations and the Cross‐Section of Stock Returns

1996 • 935 citations

Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects

1995 • 932 citations

Costly Arbitrage: Evidence from Closed-End Funds

1996 • 826 citations

Aggregate mutual fund flows and security returns

1995 • 770 citations

Smart Money, Noise Trading and Stock Price Behaviour

1993 • 598 citations

Equilibrium Short Horizons of Investors and Firms

1990 • 554 citations

The Structure and Performance of the Money Management Industry

1992 • 535 citations

The market for information and the origin of financial intermediation

1990 • 458 citations

Delegated portfolio management

1985 • 321 citations

Churning Bubbles

1993 • 277 citations

The Structure and Performance of the Money Management Industry

1992 • 141 citations