Research Catalog
Asset price response to new information : the effects of conservatism bias and representativeness heuristic
- Title
- Asset price response to new information : the effects of conservatism bias and representativeness heuristic / Guo Ying Luo.
- Author
- Luo, Guo Ying, 1964-
- Publication
- New York : Springer Verlag, [2014]
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
Available - Can be used on site. Please visit New York Public Library - Schwarzman Building to submit a request in person. | Text | Use in library | JBE 14-196 | Schwarzman Building - General Research Room 315 |
Details
- Description
- 70 pages; 24 cm.
- Summary
- Asset Price Response to New Information examines the effect of two types of psychological biases (namely, conservatism bias and representativeness heuristic) on the asset price reaction to new information. The author constructs various models of a competitive securities market or a security market allowing for strategic interaction among traders to prove rigorously that either conservatism or representativeness is capable of generating both asset price overreaction and underreaction to new information. The results shed some new insights on the phenomena of the asset price overreaction and underreaction to new information. In the literature, very little has been published in this area of behavioral finance. This volume will appeal to graduate-level students and researchers in finance, behavioral finance, and financial engineering.
- Series Statement
- SpringerBriefs in Finance, 2193-1720
- Uniform Title
- SpringerBriefs in finance.
- Subject
- Bibliography (note)
- Includes bibliographical references (pages 69-70).
- Contents
- Conservatism bias and asset price overreaction or underreaction to new information in a competitive securities market -- Conservatism bias and asset price overreaction or underreaction to new information in the presence of strategic interaction -- Representativeness heuristic and asset price overreaction or underreaction to new information in a competitive securities market -- Representativeness heuristic and asset price overreaction or underreaction to new information in the presence of strategic interaction -- The presence of representativeness heuristic and conservatism bias in an asset market -- Conclusion.
- Call Number
- JBE 14-196
- ISBN
- 9781461493686 (paperback)
- 1461493684 (paperback)
- OCLC
- 859195691
- Author
- Luo, Guo Ying, 1964-
- Title
- Asset price response to new information : the effects of conservatism bias and representativeness heuristic / Guo Ying Luo.
- Publisher
- New York : Springer Verlag, [2014]
- Type of Content
- text
- Type of Medium
- unmediated
- Type of Carrier
- volume
- Series
- SpringerBriefs in Finance, 2193-1720SpringerBriefs in finance.
- Bibliography
- Includes bibliographical references (pages 69-70).
- Research Call Number
- JBE 14-196