Asset Pricing under Asymmetric Information Bubbles, Crashes, Technical Analysis, and Herding |
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| Author:
| Brunnermeier, Markus K. |
| ISBN: | 978-0-19-152281-9 |
| Publication Date: | Jan 2001 |
| Publisher: | Oxford University Press, Incorporated
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| Book Format: | Ebook |
| List Price: | USD $94.50 |
Book Description:
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The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information iscrucial in this area....
More DescriptionThe role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information iscrucial in this area. This book provides a useful survey for graduate students.