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Keywords: CAPM
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Journal Articles
Review of Behavioral Finance (2017) 9 (1): 14–42.
Published: 10 April 2017
... funds CAPM Investor sentiment Irrational behaviour VAR model G12 G14 C3 The capital asset pricing theory has evolved from purely rational equilibriums toward inclusion of cognitive factors. Academics and practitioners agree that human perceptions and expectations play an important...

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