{"id":"https://openalex.org/W4242824005","doi":"https://doi.org/10.2139/ssrn.3076181","title":"Deep Value","display_name":"Deep Value","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W4242824005","doi":"https://doi.org/10.2139/ssrn.3076181"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.3076181","doi":"https://doi.org/10.2139/ssrn.3076181","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3076181","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.3076181","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038478408","display_name":"Clifford S. Asness","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Clifford S. Asness","raw_affiliation_strings":["AQR Capital Management, LLC"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"AQR Capital Management, LLC","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5069680132","display_name":"John M. Liew","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"John M. Liew","raw_affiliation_strings":["AQR Capital Management, LLC, 2 Greenwich Plaza, 3rd floor, Greenwich, CT 06830, United States","AQR Capital Management, LLC"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"AQR Capital Management, LLC, 2 Greenwich Plaza, 3rd floor, Greenwich, CT 06830, United States","institution_ids":[]},{"raw_affiliation_string":"AQR Capital Management, LLC","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5022954104","display_name":"Lasse Heje Pedersen","orcid":"https://orcid.org/0000-0001-7126-5530","observed_orcids":["https://orcid.org/0000-0001-7126-5530"]},"institutions":[{"id":"https://openalex.org/I180519160","display_name":"Copenhagen Business School","ror":"https://ror.org/04sppb023","country_code":"DK","type":"education","lineage":["https://openalex.org/I180519160"]},{"id":"https://openalex.org/I4210140326","display_name":"Centre for Economic Policy Research","ror":"https://ror.org/04jzmdh37","country_code":"GB","type":"nonprofit","lineage":["https://openalex.org/I4210140326"]},{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["DK","GB","US"],"is_corresponding":true,"raw_author_name":"Lasse Heje Pedersen","raw_affiliation_strings":["AQR Capital Management, LLC, Greenwich, CT, United States","Centre for Economic Policy Research (CEPR), London, United Kingdom","Copenhagen Business School - Department of Finance, Solbjerg Plads 3, Frederiksberg, DK-2000, Denmark","AQR Capital Management, LLC","Centre for Economic Policy Research (CEPR)","Copenhagen Business School - Department of Finance","New York University (NYU)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"AQR Capital Management, LLC, Greenwich, CT, United States","institution_ids":[]},{"raw_affiliation_string":"Centre for Economic Policy Research (CEPR), London, United Kingdom","institution_ids":["https://openalex.org/I4210140326"]},{"raw_affiliation_string":"Copenhagen Business School - Department of Finance, Solbjerg Plads 3, Frederiksberg, DK-2000, Denmark","institution_ids":["https://openalex.org/I180519160"]},{"raw_affiliation_string":"AQR Capital Management, LLC","institution_ids":[]},{"raw_affiliation_string":"Centre for Economic Policy Research (CEPR)","institution_ids":["https://openalex.org/I4210140326"]},{"raw_affiliation_string":"Copenhagen Business School - Department of Finance","institution_ids":["https://openalex.org/I180519160"]},{"raw_affiliation_string":"New York University (NYU)","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5001399349","display_name":"Ashwin Thapar","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ashwin K Thapar","raw_affiliation_strings":["AQR Capital Management, LLC, Greenwich, CT, United States","AQR Capital Management, LLC"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"AQR Capital Management, LLC, Greenwich, CT, United States","institution_ids":[]},{"raw_affiliation_string":"AQR Capital Management, LLC","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5022954104"],"corresponding_institution_ids":["https://openalex.org/I180519160","https://openalex.org/I4210140326","https://openalex.org/I57206974"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":5,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/value-premium","display_name":"value premium","score":0.8389999866485596},{"id":"https://openalex.org/keywords/value-investing","display_name":"value investing","score":0.5550000071525574},{"id":"https://openalex.org/keywords/limits-to-arbitrage","display_name":"limits to arbitrage","score":0.8949999809265137},{"id":"https://openalex.org/keywords/news-sentiment","display_name":"news sentiment","score":0.6340000033378601},{"id":"https://openalex.org/keywords/market-beta","display_name":"market beta","score":0.7480000257492065},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.7609999775886536},{"id":"https://openalex.org/keywords/stock-index-futures","display_name":"stock index futures","score":0.6430000066757202},{"id":"https://openalex.org/keywords/foreign-exchange-market","display_name":"foreign exchange market","score":0.515999972820282}],"concepts":[{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.7446138858795166},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.655048131942749},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.5504244565963745},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5356361865997314},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5356032252311707},{"id":"https://openalex.org/C2775933567","wikidata":"https://www.wikidata.org/wiki/Q7912771","display_name":"Value premium","level":3,"score":0.5208026170730591},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4978499412536621},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3727821111679077},{"id":"https://openalex.org/C181236170","wikidata":"https://www.wikidata.org/wiki/Q848354","display_name":"Capital asset pricing model","level":2,"score":0.27320706844329834},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.2059849202632904},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.15342748165130615},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.11348962783813477},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.09731972217559814},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0810331404209137}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.3076181","doi":"https://doi.org/10.2139/ssrn.3076181","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3076181","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.3076181","doi":"https://doi.org/10.2139/ssrn.3076181","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3076181","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4245611826","https://openalex.org/W2189910180","https://openalex.org/W1485751278","https://openalex.org/W4230102808","https://openalex.org/W7213389026","https://openalex.org/W4387136532","https://openalex.org/W2727832906","https://openalex.org/W4252987192","https://openalex.org/W2101487431","https://openalex.org/W2883027399"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2022-05-12T00:00:00"}