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Cui et al., 2024 - Google Patents

The Subjective Belief Factor

Cui et al., 2024

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Document ID
3562097541718826197
Author
Cui T
Delao R
Myers S
Publication year
Publication venue
Available at SSRN 5205569

External Links

Snippet

Subjective expectations and asset prices both revolve around distorted probabilities. Subjective expectations are expectations under biased probabilities, and asset prices are expectations under risk-neutral probabilities. Given this link, asset pricing techniques …
Continue reading at papers.ssrn.com (PDF) (other versions)

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