Hotelling Confronts CAPM: A Test of the Theory of Exhaustible Resources

Margaret E. Slade · Henry Thille

80 citations0/0 files storedCanadian Journal of Economics/Revue canadienne d économique

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Financial Markets and Investment Strategies Capital Investment and Risk Analysis Economic theories and models

Abstract

Margaret E. Slade, Henry Thille, Hotelling Confronts CAPM: A Test of the Theory of Exhaustible Resources, The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 30, No. 3 (Aug., 1997), pp. 685-708

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References

1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*1976The arbitrage theory of capital asset pricing 1973An Intertemporal Capital Asset Pricing Model 1985The equity premium: A puzzle 1931The Economics of Exhaustible Resources 1970TAXES, MARKET VALUATION AND CORPORATE FINANCIAL POLICY 1982Trends in natural-resource commodity prices: An analysis of the time domain 1980Uncertainty and Exhaustible Resource Markets

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