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Alankar et al., 2013 - Google Patents

The cost of constraints: Risk management, agency theory and asset prices

Alankar et al., 2013

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Document ID
1140229610729395652
Author
Alankar A
Blaustein P
Scholes M
Publication year

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Snippet

Traditional academic literature has relied on so-called “limits to arbitrage” theories to explain why investment managers are unable to eliminate the effects of investor “irrational” preferences (either the asset-pricing anomalies or the behavioral finance literature) on asset …
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