Cover -- Title Page -- Copyright -- Contents -- Contributors -- Introduction -- CHAPTER 1 Behavioural Finance and Momentum -- 1.1 Introduction -- 1.2 The failure of risk‐based explanations -- 1.3 Behavioural models of momentum -- 1.4 Slow information diffusion -- 1.5 Patterns in information...

"Broadly, financial market momentum occurs when past high returns are followed by subsequent high returns, while past low returns are similarly followed by subsequent low returns. It is claimed that the momentum phenomenon contravenes the Efficient Markets Hypothesis. Consequently, it has been...