The Experimental Study of Asset Pricing Theory is the first review of experimentation in asset pricing, which is both rare and novel. The goal of experimentation is twofold. First, experimentation is meant to evaluate the science behind asset pricing theory. Second, the goal of experimentation is to come to a deeper understanding of asset pricing theory. The Experimental Study of Asset Pricing Theory sets the stage by first examining a sample data set that looks very much like the typical data set finance scholars gather from the field, only it was actually generated in the laboratory. The...
The Experimental Study of Asset Pricing Theory is the first review of experimentation in asset pricing, which is both rare and novel. The goal of expe...