Inefficient Markets: An Introduction to Behavioral Finance (Clarendon Lectures in Economics) Book + PRICE WATCH * Amazon pricing is not included in price watch

Inefficient Markets: An Introduction to Behavioral Finance (Clarendon Lectures in Economics) Book

'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.Read More

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  • Blackwell

    This book 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...

  • 0198292279
  • 9780198292272
  • Andrei Shleifer
  • 9 March 2000
  • OUP Oxford
  • Paperback (Book)
  • 224
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