Shefrin - Behavioral & Neoclassical asset pricing theories - 2008
Shefrin - Behavioral & Neoclassical asset pricing theories - 2008
Shefrin - Behavioral & Neoclassical asset pricing theories - 2008
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Mean-Variance Efficiency<br />
Is there a different path to establishing<br />
whether the SDF is neoclassical or<br />
behavioural?<br />
What does sentiment imply about the<br />
nature of the returns to a mean-variance<br />
efficient portfolio?<br />
What is the priced risk which investors<br />
face?<br />
Copyright Hersh <strong>Shefrin</strong> <strong>2008</strong><br />
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