Kugler, Friedrich; Hanusch, Horst - In: Jahrbücher für Nationalökonomie und Statistik 214 (1995) 2, pp. 195-208
Summary With this paper we attempt to complement the discussion on price volatility on stock markets by an approach, which can also take into consideration so-called nonrational behaviour. This happens by formally integrating socioeconomic elements into the price expectation process of the share...