Keywords: Z11
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Journal Articles
Journal Articles
Review of Behavioral Finance (2025) 17 (3): 424–441.
Published: 07 February 2025
... the less attractive financial performance compared to traditional assets. Art investment Investor perception Investor behavior Sentiment Upward bias Discrepancy G14 G40 Z11 Although the capital asset pricing model (CAPM) has an elegant theoretical background, previous studies have...

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