Essays on Empirical Asset Pricing

This thesis consists of 3 essays on empirical asset pricing. The first and second essays (Chapters 2 and 3) investigate the weak and semi-strong form of market efficiency, respectively, and thus situate themselves in the field of market efficiency research. The first and third essays (Chapters 2 and 4) examine behavioral asset pricing models and intermediary asset pricing models, respectively, and contribute to the definition of market behavior.