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Munich Personal RePEc Archive
Asset Pricing - A Brief Review
Li, Minqiang
2010
Online at https://mpra.ub.uni-muenchen.de/22379/
MPRA Paper No. 22379, posted 30 Apr 2010 17:08 UTC
Asset Pricing Models – A Brief Review
Minqiang Li
Georgia Institute of Technology
Abstract
I first introduce the early-stage and modern classical asset pricing and
portfolio theories. These include: the capital asset pricing model (CAPM), the
arbitrage pricing theory (APT), the consumption capital asset pricing model
(CCAPM), the intertemporal capital asset pricing model (ICAPM), and some
other important modern concepts and techniques. Finally, I discuss the most
recent development during the last decade and the outlook in the field of asset
pricing.
2
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