Can I read Wiley American Finance Association on EtoBox?

Wiley American Finance Association by dadast is a document available to read on EtoBox.

What is Wiley American Finance Association about?

The document discusses the estimation of costs of equity capital for firms using a Bayesian framework and various factor-based pricing models. It highlights the significant role of mispricing uncertainty and parameter uncertainty in determining the cost of equity, with findings suggesting that uncertainty about factor premiums is often the largest source of overall uncertainty. The study emphasizes the importance of incorporating prior beliefs and the decision-making process in estimating expected excess re

Author

dadast

Language

EN