Edited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empiri

A radical, definitive explanation of the link between loss aversion theory, the equity risk premium and stock price, and how to profit from it The Risk Premium

What is the return to investing in the stock market? Can we predict future stock market returns? How have equities performed over the last two centuries? The au

Research into the equity risk premium, often considered the most important number in finance, falls into three broad groupings. First, researchers have measured

An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In