Econophysics and Capital Asset Pricing: Splitting the Atom of Systematic Risk (Quantitative Perspectives on Behavioral Economics and Finance) by James Ming Chen
English | 22 Oct. 2017 | ISBN: 331963464X | 287 Pages | PDF | 3.38 MB
This book rehabilitates beta as a definition of systemic risk by using particle physics to evaluate discrete components of financial risk. Much of the frustration with beta stems from the failure to disaggregate its discrete components;