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Irrational Exuberance Reconsidered : The Cross Section of Stock Returns. 2nd ed.
・ISBN 978-3-540-14007-8 hard EUR 99.99
¥26,726.- (税込) ※(※)価格はご注文時の参考価格となります。
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| 著者・編者 | Külpmann, Matthias, |
|---|---|
| シリーズ | Springer Finance |
| 出版社 | (Springer, GW) |
| 出版年月 | 2004 |
| ページ数 | x, 230 pp. |
| 言語 | ENG |
| ニュース番号 | <507-270> |
解説
Mathias Kuelpmann 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.