Inefficient markets: an introduction to behavioural finance
Auteur :
Shleifer, Andrei
Éditeur :
Oxford University Press
ISBN :
9780198292289
Date de publication :
9 mars 2000
Dimensions :
22,4 x 14,5 x 1,7 cm
Poids :
385 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
'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.