Asset Price Response to New Information The Effects of Conservatism Bias and Representativeness Heuristic /

• Main Author: Luo, Guo Ying (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2014.
• Series: SpringerBriefs in Finance,
• Subjects: Finance.; Economic theory.; Macroeconomics.; Finance, general.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.

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 a...

Table of Contents:

• Chapter 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.