Model misspecificaton generally leads to misleading conclusions in inference and hypothesis testing, more, misspecified model can yield large errors in pricing, hedging, and risk management.

模型的错误设定往往对推断和检验造成误导，进一步，错误拟合的模型可能会导致定价，套期保值以及风险管理上大的错误。

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Model misspecificaton generally leads to misleading conclusions in inference and hypothesis testing, more, misspecified model can yield large errors in pricing, hedging, and risk management.

模型的错误设定往往对推断和检验造成误导，进一步，错误拟合的模型可能会导致定价，套期保值以及风险管理上大的错误。

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