Level of Market Efficiency Using ‘Rational Bubbles’ Approach

Shveta Singh (), P. K. Jain and Surendra Singh Yadav
Additional contact information
Shveta Singh: Indian Institute of Technology Delhi
P. K. Jain: Indian Institute of Technology Delhi
Surendra Singh Yadav: Indian Institute of Technology Delhi

Chapter Chapter 8 in Equity Markets in India, 2016, pp 161-180 from Springer

Abstract: Abstract Warren Buffett, the legendary investor and fund manager, was quoted as stating: When the price of a stock can be influenced by a ‘herd’ on Wall Street, with prices set at the margin by the most emotional person or the most depressed person, it is hard to argue that the market always prices rationally. In fact, market prices are frequently nonsensical.

Keywords: Stock Market; Stock Price; Stock Prex; Share Price; Earning Announcement (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-10-0868-9_8

Ordering information: This item can be ordered from
http://www.springer.com/9789811008689

DOI: 10.1007/978-981-10-0868-9_8

Access Statistics for this chapter

More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().