Inefficient Markets

Andrei Shleifer

'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.
  • Limba : Engleza
  • Data Publicarii : 09 Mar 2000
  • Format : Paperback
  • Numar pagini : 224
  • ISBN : 9780198292272
Rating:
205.99 Lei
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