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Irrational Exuberance Reconsidered

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Carte Irrational Exuberance Reconsidered Mathias Külpmann
Codul Libristo: 01651069
Mathias Külpmann presents a framework to evaluate whether the stock market is in line with underlyin... Descrierea completă
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Mathias Külpmann presents a framework to evaluate whether the stock market is in line with underlying fundamentals. The new and revised edition offers an up to date introduction to the controversy between rational asset pricing and behavioural finance. Empirical evidence of stock market overreaction are investigated within the paradigms of rational asset pricing and behavioural finance. Although this monograph will not promise the reader to become a millionaire, it offers a road to obtain a deeper understanding of the forces which drive stock returns. It should be of interest to anyone interested in what drives performance in the stock market.Does the stock market overreact? Recent capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational investor behaviour. This monograph presents a framework to evaluate whether the stock market is in line with underlying fundamentals. This new and revised edition offers an up to date introduction to the controversy between rational asset pricing and behavioural finance. Empirical evidence of stock market overreaction are investigated within the paradigms of rational asset pricing and behavioural finance. Although this monograph will not promise the reader to become a millionaire, it offers a road to obtain a deeper understanding of the forces which drive stock returns. It should be of interest to anyone interested in what drives performance in the stock market.

Informații despre carte

Titlu complet Irrational Exuberance Reconsidered
Limba engleză
Legare Carte - Carte broșată
Data publicării 2010
Număr pagini 230
EAN 9783642057267
ISBN 3642057268
Codul Libristo 01651069
Greutatea 379
Dimensiuni 155 x 235 x 14
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