ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover
[DH, SE, Spain] [Publication Year: 2000]

Collectibles - isbn: 0198292279 - isbn13: 9780198292272 Oxford University Press, U.S.A.

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press, Oxford] Softcover Paperback. The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either because all investors are rational or because arbitrage eliminates pricing anomalies. This book describes an alternative approach to the study of financial markets: behavioral finance. This approach starts with an observation that the assumptions ofinvestor rationality and perfect arbitrage are overwhelmingly contradicted by both psychological and institutional evidence. In actual financial markets, less than fully rational investors trade againstarbitrageurs whose resources are limited by risk aversion, short horizons, and agency problems. The book presents and empirically evaluates models of such inefficient markets. Behavioral finance models both explain the available financial data better than does the efficient markets hypothesis and generate new empirical predictions. These models can account for such anomalies as the superior performance of value stocks, the closed end fund puzzle, the high returns on stocksincluded in market indices, the persistence of stock price bubbles, and even the collapse of several well-known hedge funds in 1998. By summarizing and expanding the research in behavioral finance,the book builds a new theoretical and empirical foundation for ...
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ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover
[Miami, FL, U.S.A.] [Publication Year: 2000]

Oxford OUP Oxford 2000 Trade paperback New in new dust jacket.

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: OUP Oxford 2000-03-09, Oxford] Softcover Language: ENG
[London, United Kingdom] [Publication Year: 2000]

Oxford University Press 2000 Hardcover Good in very good dust jacket. "Inefficient Markets" is the most thoughtful original treatment of behavioral finance I have found. Unlike most other books on this topic, which either are vapidly light but original or are intellectually rewarding but disjointed compendiums of previously published articles, Shleifer has produced an interesting and intelligent synthesis of behavioral finance. He organizes his materially logically and clearly, covering the central themes of behavioral finance in as unified a manner as the subject permits. He has clearly thought hard about the subject matter, and his book reflects this. Shleifer's writing style is both lucid and academically rigorous, which makes for an enjoyable and informative book. Shleifer begins by reviewing the theoretical and empirical foundations of the efficient market hypothesis (EMH) and introducing the principal challenges to this hypothesis. His review of the EMH is careful, objective, and respectful. His introduction to the principal challenges to the EMH is written with equal integrity, and his analysis of these challenges is non-dogmatic and relatively conservative. He carefully avoids overstating the conclusions of the academic research. While Shleifer clearly feels that financial markets are NOT efficient, as an academic he also acknowledges the inability of empirical research to PROVE with certainty that financial markets are or are not efficient. It is his careful ...

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: OUP Oxford 2000-03-09, Oxford] Softcover Language: ENG
[London, United Kingdom] [Publication Year: 2000]

Oxford University Press 2000-04-20 Paperback New Size: 9x134x86; New. In shrink wrap. Looks like an interesting title!

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover New! This book is in the same immaculate condition as when it was published
[Tucson, AZ, U.S.A.] [Publication Year: 2000]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover Book is in NEW condition.
[Hawthorne, CA, U.S.A.] [Publication Year: 2000]

Paperback / softback. New. '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. ISBN 0198292279 9780198292272 [GB]

Oxford University Press, USA 2000 Trade paperback Good. Trade paperback (US). Glued binding. 224 p. Clarendon Lectures in Economics. May show signs of wear, highlighting, writing, and previous use. This item may be a former library book with typical markings. No guarantee on products that contain supplements Your satisfaction is 100% guaranteed. Twenty-five year bookseller with shipments to over fifty million happy customers.

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: OXFORD UNIVERSITY PRESS] Softcover
[Moncks Corner, SC, U.S.A.] [Publication Year: 2000]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover
[Humble, TX, U.S.A.] [Publication Year: 2000]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover Buy for Great customer experience
[Houston, TX, U.S.A.] [Publication Year: 2000]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover New Copy. Customer Service Guaranteed
[Denver, CO, U.S.A.] [Publication Year: 2000]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover Gut/Very good: Buch bzw. Schutzumschlag mit wenigen Gebrauchsspuren an Einband, Schutzumschlag oder Seiten. / Describes a book or dust jacket that does show some signs of wear on either the binding, dust jacket or pages.
[Berlin, Germany] [Publication Year: 2000]

Oxford University Press, 4/20/Date: 2000. New. Oxford University Press, 4/20/2000 New All orders ship SAME or NEXT business day Expedited shipments will be received in 5-12 business days within the United States 100% Satisfaction Guaranteed! 2000. Oxford University Press ISBN 0198292279 9780198292272 [VN]

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover "Inefficient Markets" is the most thoughtful original treatment of behavioral finance I have found. Unlike most other books on this topic, which either are vapidly light but original or are intellectually rewarding but disjointed compendiums of previously published articles, Shleifer has produced an interesting and intelligent synthesis of behavioral finance. He organizes his materially logically and clearly, covering the central themes of behavioral finance in as unified a manner as the subject permits. He has clearly thought hard about the subject matter, and his book reflects this. Shleifer's writing style is both lucid and academically rigorous, which makes for an enjoyable and informative book. Shleifer begins by reviewing the theoretical and empirical foundations of the efficient market hypothesis (EMH) and introducing the principal challenges to this hypothesis. His review of the EMH is careful, objective, and respectful. His introduction to the principal challenges to the EMH is written with equal integrity, and his analysis of these challenges is non-dogmatic and relatively conservative. He carefully avoids overstating the conclusions of the academic research. While Shleifer clearly feels that financial markets are NOT efficient, as an academic he also acknowledges the inability of empirical research to PROVE with certainty that financial markets are or ...

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover Very Good Copy. Customer Service Guaranteed
[Denver, CO, U.S.A.] [Publication Year: 2000]

Oxford University Press, U.S. A 2000 Trade paperback This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 350grams, ISBN: 9780198292272.

ISBN10: 0198292279, ISBN13: 9780198292272, [publisher: Oxford University Press] Softcover Very Good Copy. Fast Shipment
[Houston, TX, U.S.A.] [Publication Year: 2000]

Oxford University Press, USA 2000 Trade paperback Good. Trade paperback (US). Glued binding. 224 p. Clarendon Lectures in Economics.

Oxford University Press 03/09/2000 Paperback Good **SHIPPED FROM UK** We believe you will be completely satisfied with our quick and reliable service. All orders are dispatched as swiftly as possible! Buy with confidence! Greener Books.