Asset Pricing
E802233
Asset Pricing is a highly influential graduate-level textbook in financial economics that develops a unified, modern framework for understanding how assets are valued and risk is priced in financial markets.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Asset Pricing canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T9486433 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Asset Pricing Context triple: [John Cochrane, notableWork, Asset Pricing]
-
A.
Lucas asset pricing model
The Lucas asset pricing model is a foundational rational expectations framework in macro-finance that explains asset prices through representative-agent intertemporal consumption choices under uncertainty.
-
B.
efficient market hypothesis
The efficient market hypothesis is a financial theory asserting that asset prices fully and immediately reflect all available information, making it impossible to consistently achieve returns above the market average through information-based trading.
-
C.
Black–Scholes model
The Black–Scholes model is a fundamental mathematical framework in financial economics for pricing options and other derivatives by modeling asset prices as stochastic processes.
-
D.
modern portfolio theory
Modern portfolio theory is a foundational financial framework that explains how investors can construct diversified portfolios to maximize expected return for a given level of risk using quantitative optimization.
-
E.
Fama–French three-factor model
The Fama–French three-factor model is a widely used asset pricing framework that extends the traditional CAPM by explaining stock returns through market risk, company size, and value factors.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Asset Pricing Target entity description: Asset Pricing is a highly influential graduate-level textbook in financial economics that develops a unified, modern framework for understanding how assets are valued and risk is priced in financial markets.
-
A.
Lucas asset pricing model
The Lucas asset pricing model is a foundational rational expectations framework in macro-finance that explains asset prices through representative-agent intertemporal consumption choices under uncertainty.
-
B.
efficient market hypothesis
The efficient market hypothesis is a financial theory asserting that asset prices fully and immediately reflect all available information, making it impossible to consistently achieve returns above the market average through information-based trading.
-
C.
Black–Scholes model
The Black–Scholes model is a fundamental mathematical framework in financial economics for pricing options and other derivatives by modeling asset prices as stochastic processes.
-
D.
modern portfolio theory
Modern portfolio theory is a foundational financial framework that explains how investors can construct diversified portfolios to maximize expected return for a given level of risk using quantitative optimization.
-
E.
Fama–French three-factor model
The Fama–French three-factor model is a widely used asset pricing framework that extends the traditional CAPM by explaining stock returns through market risk, company size, and value factors.
- F. None of above. chosen
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf | textbook ⓘ |
| academicDiscipline |
economics
ⓘ
finance ⓘ |
| academicLevel | graduate ⓘ |
| approach |
stochastic discount factor framework
ⓘ
unified treatment of asset pricing models ⓘ |
| author | John H. Cochrane NERFINISHED ⓘ |
| countryOfPublication |
United States of America
ⓘ
surface form:
United States
|
| covers |
consumption-based asset pricing
ⓘ
derivative pricing basics ⓘ empirical tests of asset pricing models ⓘ equity premium ⓘ factor models ⓘ general equilibrium models ⓘ no-arbitrage pricing ⓘ stochastic discount factor approach ⓘ term structure of interest rates ⓘ |
| emphasizes |
discount factor representation of prices
ⓘ
intertemporal optimization by investors ⓘ relationship between risk and return ⓘ state-price deflators ⓘ |
| field | financial economics ⓘ |
| focusesOn |
asset pricing theory
ⓘ
financial markets ⓘ risk pricing ⓘ |
| includes |
empirical applications
ⓘ
mathematical derivations ⓘ problem sets ⓘ |
| influentialIn | modern asset pricing theory ⓘ |
| language | English ⓘ |
| provides | unified framework for asset valuation ⓘ |
| publisher | Princeton University Press NERFINISHED ⓘ |
| relatedTo |
Arbitrage Pricing Theory
NERFINISHED
ⓘ
Capital Asset Pricing Model NERFINISHED ⓘ Modern Portfolio Theory NERFINISHED ⓘ consumption CAPM ⓘ term structure models ⓘ |
| targetAudience |
graduate students in economics
ⓘ
graduate students in finance ⓘ researchers in financial economics ⓘ |
| usedAs | graduate textbook ⓘ |
| usedIn |
PhD programs in economics
ⓘ
PhD programs in finance ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Asset Pricing Description of subject: Asset Pricing is a highly influential graduate-level textbook in financial economics that develops a unified, modern framework for understanding how assets are valued and risk is priced in financial markets.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.