Overconfidence, arbitrage, and equilibrium asset pricing
Article Abstract:
Research on securities pricing shows mispricing idiosyncratic value components tends to diminish although systematic mispricing does not. This finding has implications for the ability of market value and fundamental/price ratios to forecast returns.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001
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Does investor misvaluation drive the takeover market?
Article Abstract:
The article uses multivariate analysis to examine the negative impact of investors' decisions on stock market driven mergers.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2006
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IPO pricing in "hot" market conditions: who leaves money on the table?
Article Abstract:
The article examines correlation between investors' informed trading and pricing of initial public offerings in France.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2005
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