The Inefficient Stock Market: What Pays Off and Why - Brossura

Haugen, Robert A.

Brossura

ISBN 10: 0139171649 ISBN 13: 9780139171642

Casa editrice: Pearson Education, 1998

Riassunto

Sparked with wry wit and humor, this clever and insightful text provides clear and undeniable evidence that the stock market is, in the author's view, inefficient, and that important aspects of market behavior cannot be explained by models based on rational economic behavior. Intended for Financial Markets and Institutions, and Money and Capitals Markets courses at the undergraduate level. *Tackles important issues in today's financial market in a highly conversational and entertaining manner that will appeal to most students, with relatively short, 'punchy' paragraphs that entice readers to go on. *Provides clear explanations of the CAPM and the APT. *Analyzes the characteristics of individual stocks that are associated with high returns. *Predicts international stock returns. *Considers why cheap, profitable, and low risk stocks tend to produce a high return. *Looks into such areas as the payoffs to risk liability, profitability, and a stock's performance in past periods.

Su questo libro

Product Description:

Book by Haugen Robert A

Su questa edizione

• Editore: Pearson Education
• Data di pubblicazione: 1998
• ISBN 10: 0139171649
• ISBN 13: 9780139171642
• Rilegatura: Copertina flessibile
• Numero edizione: 1
• Numero di pagine: 160