The capital asset pricing model was derived with simplified assumptions building on the original mean-variance optimizations analytics developed by ________.

Question

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The capital asset pricing model (CAPM) was derived by William Sharpe in 1964, building on the original mean-variance optimizations developed by Harry Markowitz. Mossin and Lintner also contributed to the development of the CAPM, but Markowitz's work was the foundation on which Sharpe built his model.

The Capital Asset Pricing Model Was Derived with Simplified Assumptions