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Critically analyse the different methodological approaches in the event study literature. Specifically, the focus is on the different equilibrium models used. Commonly used equilibrium models

Critically analyse the different methodological approaches in the event study literature. Specifically, the focus is on the different equilibrium models used. Commonly used equilibrium models are the mean-adjusted return, market model, capital asset pricing model (CAPM), and the Fama-French 3 factor model. Your discussion should be based on explaining what the models are, how they are performed, and why some models are argued to be more/less appropriate that others. You should also discuss which method is preferred in the mergers and acquisitions literature.

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