资本市场定价理论的现状及展望

Current Condition of Capital Market Pricing Theory and Its Prospect

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摘要传统资本市场定价理论(如CAPM)的假设条件与资本市场的实际情况存在着一定的差距并在一定程度上影响了其解释能力,基于这一现实,研究者们扩展了理性投资者的假设从而创立了行为金融理论,此外,混沌理论从另外的角度对资本市场的行为进行了描述。本文对描述资本市场行为的各种理论进行了比较及分析。

作者黄小玉

机构地区东北财经大学统计系

出处《东北财经大学学报》 2003年第4期7-9,共3页 Journal of Dongbei University of Finance and Economics

关键词资本市场定价理论 CAPM 资本资产定价模型套利定价理论 APT 有效市场假说 EMH

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东北财经大学学报

2003年第4期

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