Higher-Moment Asset Pricing and Environmental Economics
Auteur : James Ming Chen
Date de publication : 2018
Éditeur : SSRN
Nombre de pages : 27
Résumé du livre
This essay presents higher-moment asset pricing, a generalized approach to finance that combines a mathematically informed understanding of economic fundamentals with psychologically and biologically inspired behavioral insights. It ultimately seeks to apply higher-moment asset pricing to a wide range of valuation and decisionmaking problems in environmental economics.