Inefficient Markets (English, Andrei Shleifer)
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Book Details
Publisher
Oxford University Press
Language
English
ISBN-13
9780198292272
ISBN-10
0198292279
Author
Andrei Shleifer
About the Book
The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either because all investors are rational or because arbitrage eliminates pricing anomalies. This book describes an alternative approach to the study of financial markets: behavioral finance. This approach starts with an observation that the assumptions of invest…
ISBN: 9780198292272
ISBN-13: 9780198292272
ISBN-10: 0198292279
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Product ID: isbn-9780198292272
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