Remove Cost of Capital Remove Finance Remove Pricing Theory
article thumbnail

Why Those Guys Won the Economics Nobels

Harvard Business Review

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. Steve Ross , who was at Yale and now is at MIT, he did the basic theory.

CAPM 9