The inefficient stock market

By:

Haugen, Robert A

Material type: Text

TextPublication details: New Delhi Pearson India Education Services Pvt. Ltd. 2002Edition: 2ndDescription: v, 138 pISBN:

9780130323668

Subject(s):

Stock Market

DDC classification:

332.6322 HAU

Summary: Description Intended for Financial Markets and Institutions, and Money and Capital Markets courses at the undergraduate level. Sparked with wit and humor, this clever and insightful text provides clear evidence that the stock market is inefficient. In the author's view, important aspects of market behavior cannot be explained by models based on rational economic behavior. Would you be interested in a supplement that explores evidence that markets may be inefficient? If so, how might this affect investments decisions?

List(s) this item appears in: Marketing | Finance & Accounting

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Marketing	332.6322 HAU (Browse shelf(Opens below))	1	Available		000419

Table of Contents

1. Introduction.

I. WHAT.

2. Estimating Expected Return with the Theories of Modern Finance.
3. Estimating Portfolio Risk and Expected Return with Ad Hoc Factor Models.
4. Payoffs to the Five Families.
5. Predicting Future Stock Returns with the Expected-Return Factor Model.
6. Counterattack-The First Wave.
7. Super Stocks and Stupid Stocks.
8. The International Results.
II. WHY.

9. The Topography of the Stock Market.
10. The Positive Payoffs to Cheapness and Profitability.
11. The Negative Payoff to Risk.
12. The Forces Behind the Technical Payoffs to Price History.
13. Counterattack-The Second Wave.
14. The Roads to Heaven and Hell.
15. The Wrong 20-Yard Line.

Description

Intended for Financial Markets and Institutions, and Money and Capital Markets courses at the undergraduate level.

Sparked with wit and humor, this clever and insightful text provides clear evidence that the stock market is inefficient. In the author's view, important aspects of market behavior cannot be explained by models based on rational economic behavior. Would you be interested in a supplement that explores evidence that markets may be inefficient? If so, how might this affect investments decisions?

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