Econometric Properties of Asset Valuation Rules Under Price Movement and Measurement Errors: An Empirical Test.
评估了先前研究中的若干分析结果，利用特定经济环境的数据，检验了估值规则的绝对计量经济学性质，并探讨了估值误差对当前成本数据的影响以及投资组合分散化与估值误差的关系。
Abstract Evaluates several analytical results developed in earlier studies and investigates the absolute econometric properties of valuation rules using date from a specific economic environment. Statistical theory of valuation; Effects of valuation error on current cost data; Relationship between portfolio diversification and valuation error.