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Homework answers / question archive / Does a factor have to be economically justified by rational stories? Does the source (rational vs behavioral) of the factor risk premium determine its persistence (i

Does a factor have to be economically justified by rational stories? Does the source (rational vs behavioral) of the factor risk premium determine its persistence (i

Economics

Does a factor have to be economically justified by rational stories? Does the source (rational vs behavioral) of the factor risk premium determine its persistence (i.e. how likely it is to disappear)?

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