{"id":"https://openalex.org/W4386901331","doi":"https://doi.org/10.2139/ssrn.4577267","title":"Discretionary Consumption: A Key to Ccapm?","display_name":"Discretionary Consumption: A Key to Ccapm?","publication_year":2023,"publication_date":"2023-01-01","ids":{"openalex":"https://openalex.org/W4386901331","doi":"https://doi.org/10.2139/ssrn.4577267"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.4577267","doi":"https://doi.org/10.2139/ssrn.4577267","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4577267","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"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.4577267","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042972443","display_name":"Lewis J. Altfest","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Lewis Altfest","raw_affiliation_strings":["Independent  - affiliation not provided to SSRN"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Independent  - affiliation not provided to SSRN","institution_ids":[]}]},{"author_position":"middle","author":{"id":null,"display_name":"Yue Yuan","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I186143895","display_name":"Lehigh University","ror":"https://ror.org/012afjb06","country_code":"US","type":"education","lineage":["https://openalex.org/I186143895"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Yue Yuan","raw_affiliation_strings":["Lehigh University - Department of Economics","Lehigh University - Department of Economics, 620 Taylor Street, Bethlehem, PA 18015, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Lehigh University - Department of Economics","institution_ids":["https://openalex.org/I186143895"]},{"raw_affiliation_string":"Lehigh University - Department of Economics, 620 Taylor Street, Bethlehem, PA 18015, United States","institution_ids":["https://openalex.org/I186143895"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5102211360","display_name":"Jia Tang","orcid":"https://orcid.org/0009-0006-2977-4650","observed_orcids":["https://orcid.org/0009-0006-2977-4650","https://orcid.org/0009-0000-4014-0209"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jia Tang","raw_affiliation_strings":["Independent  - affiliation not provided to SSRN"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Independent  - affiliation not provided to SSRN","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I186143895"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"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":0.9965999722480774,"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":0.9965999722480774,"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/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0006000000284984708,"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"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0005000000237487257,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/discretionary-purchases","display_name":"discretionary purchases","score":0.9179999828338623},{"id":"https://openalex.org/keywords/cross-section-of-asset-returns","display_name":"cross-section of asset returns","score":0.8450000286102295},{"id":"https://openalex.org/keywords/consumption-based-capm","display_name":"consumption-based CAPM","score":0.6100000143051147},{"id":"https://openalex.org/keywords/household-finance","display_name":"household finance","score":0.7120000123977661},{"id":"https://openalex.org/keywords/utility-maximization","display_name":"utility maximization","score":0.7300000190734863}],"concepts":[{"id":"https://openalex.org/C26517878","wikidata":"https://www.wikidata.org/wiki/Q228039","display_name":"Key (lock)","level":2,"score":0.7136856317520142},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.6747182607650757},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3941991627216339},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2970448136329651},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.11306434869766235},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.10310810804367065},{"id":"https://openalex.org/C107038049","wikidata":"https://www.wikidata.org/wiki/Q35986","display_name":"Aesthetics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.4577267","doi":"https://doi.org/10.2139/ssrn.4577267","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4577267","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4577267","doi":"https://doi.org/10.2139/ssrn.4577267","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4577267","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W148398611","https://openalex.org/W1266203007","https://openalex.org/W1992403182","https://openalex.org/W1995834279","https://openalex.org/W2028995298","https://openalex.org/W2073465757","https://openalex.org/W2079549578","https://openalex.org/W2084974042","https://openalex.org/W2096136442","https://openalex.org/W2104795328","https://openalex.org/W2113704261","https://openalex.org/W2115353812","https://openalex.org/W2125195350","https://openalex.org/W2142594557","https://openalex.org/W2149180867","https://openalex.org/W2163683534","https://openalex.org/W2250101487","https://openalex.org/W2767210517","https://openalex.org/W2797801013","https://openalex.org/W2891159187","https://openalex.org/W2970171761","https://openalex.org/W2981260521","https://openalex.org/W3121552066","https://openalex.org/W3122867789","https://openalex.org/W3123178375","https://openalex.org/W3123957507","https://openalex.org/W3125279569","https://openalex.org/W3125450452","https://openalex.org/W4207083472","https://openalex.org/W4211239526"],"related_works":["https://openalex.org/W1984464125","https://openalex.org/W1487619877","https://openalex.org/W324895848","https://openalex.org/W2064734223","https://openalex.org/W2739231088","https://openalex.org/W2079549578","https://openalex.org/W1975009597","https://openalex.org/W2600033817","https://openalex.org/W2418082164","https://openalex.org/W2152161769"],"abstract_inverted_index":null,"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2023-09-21T00:00:00"}
