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Inefficient Markets

- An Introduction to Behavioural Finance

About 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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  • Language:
  • English
  • ISBN:
  • 9780198292289
  • Binding:
  • Hardback
  • Pages:
  • 224
  • Published:
  • March 9, 2000
  • Dimensions:
  • 147x225x18 mm.
  • Weight:
  • 380 g.
Delivery: 2-3 weeks
Expected delivery: October 3, 2024

Description 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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