Download E-books Asset Price Response to New Information: The Effects of Conservatism Bias and Representativeness Heuristic (SpringerBriefs in Finance) PDF

Asset cost reaction to New info examines the impression of 2 forms of mental biases (namely, conservatism bias and representativeness heuristic) at the asset expense response to new details. the writer constructs quite a few versions of a aggressive securities industry or a safety industry taking into consideration strategic interplay between investors to end up carefully that both conservatism or representativeness is in a position to producing either asset fee overreaction and underreaction to new info. the implications shed a few new insights at the phenomena of the asset fee overreaction and underreaction to new info. within the literature, little or no has been released during this region of behavioral finance. This quantity will attract graduate-level scholars and researchers in finance, behavioral finance, and fiscal engineering.

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