The New Finance: The Case Against Efficient Markets

Robert A. Haugen

Language: English

Publisher: Prentice Hall

Published: Mar 15, 1995

Description:

Haugen's text makes the case for the inefficient market, positioning the efficient market paradigm at the extreme end of a spectrum of possible states. It presents a comprehensive and organized collection of the evidence and the arguments which constitute a strong and persuasive case for over-reactive markets.