000			03221nam a22004815i 4500
001			978-1-4614-9369-3
003			DE-He213
005			20200420211741.0
007			cr nn 008mamaa
008			131016s2014 xxu| s |||| 0|eng d
020			_a9781461493693 _9978-1-4614-9369-3
024	7		_a10.1007/978-1-4614-9369-3 _2doi
050		4	_aHG1-HG9999
072		7	_aKFF _2bicssc
072		7	_aBUS027000 _2bisacsh
082	0	4	_a332 _223
100	1		_aLuo, Guo Ying. _eauthor.
245	1	0	_aAsset Price Response to New Information _h[electronic resource] : _bThe Effects of Conservatism Bias and Representativeness Heuristic / _cby Guo Ying Luo.
264		1	_aNew York, NY : _bSpringer New York : _bImprint: Springer, _c2014.
300			_aVII, 70 p. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
490	1		_aSpringerBriefs in Finance, _x2193-1720
505	0		_aChapter 1 Introduction -- Chapter 2 Conservatism bias and asset price overreaction or underreaction to new information in a competitive securities market -- Chapter 3 Conservatism bias and asset price overreaction or underreaction to new information in the presence of strategic interaction -- Chapter 4 Representativeness heuristic and asset price overreaction or underreaction to new information in a competitive securities market -- Chapter 5 Representativeness heuristic and asset price overreaction or underreaction to new information in the presence of strategic interaction -- Chapter 6 The presence of representativeness heuristic and conservatism bias in an asset market -- Chapter 7 Conclusion -- Appendix -- References.
520			_aAsset 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.
650		0	_aFinance.
650		0	_aEconomic theory.
650		0	_aMacroeconomics.
650	1	4	_aFinance.
650	2	4	_aFinance, general.
650	2	4	_aMacroeconomics/Monetary Economics//Financial Economics.
650	2	4	_aEconomic Theory/Quantitative Economics/Mathematical Methods.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9781461493686
830		0	_aSpringerBriefs in Finance, _x2193-1720
856	4	0	_uhttp://dx.doi.org/10.1007/978-1-4614-9369-3
912			_aZDB-2-SBE
942			_cEBK
999			_c50655 _d50655