Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001783080
Building on recent developments in behavioral asset pricing, we develop a model in which an increase in the dispersion of investor beliefs under short-selling constraints predicts a "bubble," or a rise in a stock's price above its fundamental value. Our model predicts that managers respond to...
Persistent link: https://www.econbiz.de/10001936312
Persistent link: https://www.econbiz.de/10001751995
Persistent link: https://www.econbiz.de/10001589553
Persistent link: https://www.econbiz.de/10001589683