Inefficient Markets - An Introduction to Behavioral Finance (Paperback)

The Efficient Markets Hypothesis has been the central proposition of finance for nearly thirty years. This book, by one of the foremost US economists, presents an alternative view of financial markets: behavioral finance. Shleifer demonstrates the oversimplification of EMH both in the common assumption of perfect rationality and the failure of arbitrage to adjust prices correctly. By also detailing the empirical failings of EMH, this books makes a significant contribution to the future direction of financial theory.

General

Imprint:	Oxford UniversityPress
Country of origin:	United Kingdom
Series:	Clarendon Lectures in Economics
Release date:	March 2000
First published:	April 2000
Authors:	Andrei Shleifer (Professor of Economics)
Dimensions:	216 x 138 x 13mm (L x W x T)
Format:	Paperback
Pages:	224
ISBN-13:	978-0-19-829227-2
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Finance & accounting > Finance > General Books > Money & Finance > General
LSN:	0-19-829227-9
Barcode:	9780198292272

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