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      Inefficient Markets

      Inefficient Markets

      AN INTRODUCTION TO BEHAVIORAL FINANCE
      Andrei Shleifer
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      0.0 / 10 ( 0 votes)
      Categories:
      Economy
      Language:
      Engleza
      Publishing Date:
      2000
      Publisher:
      Page Count:
      224
      ISBN-10:
      0198292279
      Original Title:
      Inefficient Markets
      Brand:
      ISBN:
      9780198292272
      Dimensions: 281g
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      Publisher's Synopsis
      'The Efficient Markets Hypothesis' has been the central proposition of finance for nearly 30 years. This book presents an alternative view of financial markets: behavioural finance. Shleifer demonstrates the oversimplification of EMH both in the common assumption of perfect rationality and the failure of arbitrage to adjust prices correctly.
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