Equilibrium Models

  • Christian Gouriéroux
Part of the Springer Series in Statistics book series (SSS)


The Capital Asset Pricing Model (CAPM) is obtained by adding to the optimal behavior of the asset demanders an equilibrium condition on supply and demand. This model was derived independently by Sharpe (1964), Lintner (1965) and Mossin (1966).


Equilibrium Model Risky Asset Asset Return Capital Asset Price Model Market Portfolio 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1997

Authors and Affiliations

  • Christian Gouriéroux
    • 1
  1. 1.Centre de Recherche en Economie et StatistiqueLaboratoire de Finance-AssuranceMalakoff CedexFrance

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