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Alternative theory of asset pricing

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  • Moawia Alghalith

    (UWI)

Abstract

We present an alternative theory of asset pricing according to which the future asset prices are determined endogenously as optimal solutions to the objective function.

Suggested Citation

  • Moawia Alghalith, 2009. "Alternative theory of asset pricing," Journal of Asset Management, Palgrave Macmillan, vol. 10(2), pages 73-74, June.
    • Handle: RePEc:pal:assmgt:v:10:y:2009:i:2:d:10.1057_jam.2009.1
    DOI: 10.1057/jam.2009.1
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    References listed on IDEAS

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    1. repec:ebl:ecbull:v:28:y:2007:i:9:p:a0 is not listed on IDEAS
    2. Moawia Alghalith, 2007. "New economics of risk and uncertainty: theory and application (a book)," Economics Bulletin, AccessEcon, vol. 28(9), pages 1.
    3. Bailey,Roy E., 2005. "The Economics of Financial Markets," Cambridge Books, Cambridge University Press, number 9780521612807.
    4. Eugene F. Fama & Kenneth R. French, 2004. "The Capital Asset Pricing Model: Theory and Evidence," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 25-46, Summer.
    5. Quiggin, John & Chambers, Robert G, 2001. "The Firm under Uncertainty with General Risk-Averse Preferences: A State-Contingent Approach," Journal of Risk and Uncertainty, Springer, vol. 22(1), pages 5-20, January.
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