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CAPM appeared to fit the statistical evidence for a the period prior to its development, enabling its supporters to champion it and leading to it taking over the profession? But was this just a fluke, resulting from the short time period considered by the statisticians? It has since been challenged by Behavioral Finance, but it ...
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CAPM appeared to fit the statistical evidence for a the period prior to its development, enabling its supporters to champion it and leading to it taking over the profession? But was this just a fluke, resulting from the short time period considered by the statisticians? It has since been challenged by Behavioral Finance, but it ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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