The new finance : a case against efficient markets

Bibliographic Information

The new finance : a case against efficient markets

Robert A. Haugen

(Contemporary issues in finance)

Prentice Hall, c1995

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Note

Includes index

Description and Table of Contents

Description

Haugen's text makes the case for the inefficient market, positioning the efficient market paradigm at the extreme end of a spectrum of possible states. It presents a comprehensive and organized collection of the evidence and the arguments which constitute a strong and persuasive case for over-reactive markets.

Table of Contents

1. Search for the Grail. 2. The Old Finance. 3. The Ancient Finance. 4. The Past and the Future. 5. The Race Between Value and Growth. 6. "V" . 7. The Holy Grail. 8. Dawn of the New Finance. 9. Final Words. Glossary.

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