Risk, Return, and Equilibrium: Empirical Tests
نویسندگان
چکیده
منابع مشابه
Risk, Return and Equilibrium: Some Clarifying Comments
SHARPE [12] AND LINTNER [7] have recently proposed models directed at the following questions: (a) What is the appropriate measure of the risk of a capital asset? (b) What is the equilibrium relationship between this measure of the asset's risk and its one-period expected return?^ Lintner contends that the measure of risk derived from his model is different and more general than that proposed b...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1973
ISSN: 0022-3808,1537-534X
DOI: 10.1086/260061