Format:
VIII, 216 S. :
,
graph. Darst.
Edition:
1. publ.
ISBN:
0-19-829228-7
,
0-19-829227-9
,
978-0-19-829227-2
Series Statement:
Clarendon lectures in economics
Content:
Describes an alternative approach to the study of financial markets: behavioral finance. This approach starts with an observation that the assumptions of investor rationality and perfect arbitrage are overwhelmingly contradicted by both psychological and institutional evidence. In actual financial markets, less than fully rational investors trade against arbitrageurs whose resources are limited by risk aversion, short horizons, and agency problems. The book presents and empirically evaluates models of such inefficient markets.
Note:
Hier auch später erschienene, unveränderte Nachdrucke
Language:
English
Subjects:
Economics
Keywords:
Kapitalmarkteffizienz
;
Anlageverhalten
;
Verhaltenspsychologie
;
Bibliographie enthalten
URL:
Beschreibung für Leser
URL:
Beschreibung für Leser
URL:
http://www.loc.gov/catdir/enhancements/fy0636/99057647-d.html
URL:
http://www.loc.gov/catdir/enhancements/fy0636/99057647-t.html
URL:
http://www.loc.gov/catdir/enhancements/fy0723/99057647-b.html
Author information:
Shleifer, Andrei, 1961-
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