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Inefficient Markets
- An Introduction to Behavioral Finance
part of the Clarendon Lectures in Economics series
- Binding:
- Paperback
- Pages:
- 224
- Published:
- March 9, 2000
- Dimensions:
- 137x217x65 mm.
- Weight:
- 292 g.
Delivery:
2-4 weeks
Expected delivery: October 12, 2024
About Andrei (Professor of Economics Shleifer
View all books by Andrei (Professor of Economics ShleiferDescription of Inefficient Markets
'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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