In praise of Sorensen’s ‘blockage theory’ on shadows
نویسندگان
چکیده
منابع مشابه
In Praise of Theory
Here is an interesting story: The pace of personal bankruptcies rose quickly during the 1990s, even as the overall economy fared well. What might we conclude from these facts? One possibility is that improvements in financial intermediation have made credit-granting decisions easier and have led to greater borrowing by risky groups previously denied credit. Another is that nothing has changed i...
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the analysis of the role of the speech acts theory in translating and dubbing hollywood films
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15 صفحه اولUndiminished Praise of a Vacuous Theory
The CAPM is still considered a first-order intellectual achievement, in spite of the current thought leaders also describing it as being “empirically vacuous” (Fama and French, 2006) or that “having a low, middle or high beta does not matter; the expected return is the same” (Ross, 1993).1 In deed, I would say the situation is worse, as volatility and beta are generally negatively correlated w...
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ژورنال
عنوان ژورنال: Filosofia Unisinos
سال: 2018
ISSN: 1984-8234
DOI: 10.4013/fsu.2018.192.07