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What do you understand by the equity premium puzzle? How myopic loss aversion explain the puzzle? Why institutional investors such as pension funds and endowments
What do you understand by the equity premium puzzle? How myopic loss aversion explain the puzzle?
Why institutional investors such as pension funds and endowments with very long investment horizons fail
to behave in a rational way to eliminate the excess equity premium in the markets?
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
1st Edition
0130176141, 9780130176141
