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SSRNAsset Pricing & Factors

Multiverse Asset Pricing Model

The study critiques the Capital Asset Pricing Model for its free parameter problem and proposes a multiverse asset pricing model, which allows for multiple equilibria and is based on investment beliefs.

Featured in No. 100 on 4 Jun 2025 · 12 days after release

Released
23 May 2025
First featured
No. 100 · 4 Jun 2025
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
2
Identifier
SSRN 5265948

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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