Journal of Economic Theory
Опубликовано на портале: 31-03-2003Stephen A. Ross Journal of Economic Theory. 1976. Vol. 13. No. 3. P. 341-60 .
Examines the arbitrage model of capital asset pricing as an alternative to the mean variance capital asset pricing model introduced by Sharpe, Lintner and Treynor. Overview of the arbitrage theory; Role of the arbitrage model in explaining phenomena observed in capital markets for risky assets; Influence of the presence of noise on the pricing relation. (Из Ebsco)