Alphanomics: The Informational Underpinnings of Market Efficiency (Foundations and Trends in Accounting)

4.5 avg rating
( 2 ratings by Goodreads )
 
9781601988928: Alphanomics: The Informational Underpinnings of Market Efficiency (Foundations and Trends in Accounting)
View all copies of this ISBN edition:
 
 

ALPHANOMICS: The Informational Underpinnings of Market Efficiency is intended to be a compact introduction to academic research on market efficiency, behavioral finance, and fundamental analysis and is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. The authors refer to this type of research as Alphanomics, the informational economics behind market efficiency. Alpha refers to the abnormal returns, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. Nomics refers to the economics of alpha extraction, which encompasses the costs and incentives of informational arbitrage as a sustainable business proposition. Some of the questions that are addressed include: Why do we believe markets are efficient? What problems have this belief engendered? What factors can impede and/or facilitate market efficiency? What roles do investor sentiment and costly arbitrage play in determining an equilibrium level of informational efficiency? What is the essence of value investing? How is it related to fundamental analysis (the study of historical financial data)? How might we distinguish between risk and mispricing based explanations for predictability patterns in returns? The first two sections review the evolution of academic thinking on market efficiency and introduce the noise trader model as a rational alternative. Section 3 surveys the literature on investor sentiment and its role as a source of both risks and returns. Section 4 discusses the role of fundamental analysis in value investing. Section 5 reviews the literature on limits to arbitrage, and section 6 discusses research methodology issues associated with the need to distinguish mispricing from risk.

"synopsis" may belong to another edition of this title.

Buy New View Book
List Price: US$ 99.00
US$ 98.07

Convert currency

Shipping: FREE
From United Kingdom to U.S.A.

Destination, rates & speeds

Add to Basket

Top Search Results from the AbeBooks Marketplace

1.

Charles Lee, Eric So
Published by Now Publishers Inc, United States (2015)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 10
Print on Demand
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Now Publishers Inc, United States, 2015. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****.This monograph is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. We refer to this type of research as Alphanomics , the informational economics behind market efficiency. The Alpha portion refers to the abnormal returns, or financial rewards, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. The Nomics refers to the economics of alpha extraction, which encompasses the costs and incentives of informational arbitrage as a sustainable business proposition. Seller Inventory # AAV9781601988928

More information about this seller | Contact this seller

Buy New
US$ 98.07
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

2.

Charles Lee, Eric So
Published by Now Publishers Inc, United States (2015)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 10
Print on Demand
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description Now Publishers Inc, United States, 2015. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****. This monograph is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. We refer to this type of research as Alphanomics , the informational economics behind market efficiency. The Alpha portion refers to the abnormal returns, or financial rewards, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. The Nomics refers to the economics of alpha extraction, which encompasses the costs and incentives of informational arbitrage as a sustainable business proposition. Seller Inventory # AAV9781601988928

More information about this seller | Contact this seller

Buy New
US$ 103.95
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

3.

Lee, Charles M. C.
Published by now publishers Inc (2016)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Quantity Available: > 20
Print on Demand
Seller:
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description now publishers Inc, 2016. PAP. Condition: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # IQ-9781601988928

More information about this seller | Contact this seller

Buy New
US$ 99.97
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds

4.

Charles Lee
Published by now publishers Inc (2016)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Quantity Available: > 20
Print on Demand
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description now publishers Inc, 2016. PAP. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # LQ-9781601988928

More information about this seller | Contact this seller

Buy New
US$ 92.34
Convert currency

Add to Basket

Shipping: US$ 11.72
From United Kingdom to U.S.A.
Destination, rates & speeds

5.

Lee, Charles M. C.
Published by Now Publishers Inc (2018)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 10
Print on Demand
Seller:
Save With Sam
(North Miami, FL, U.S.A.)
Rating
[?]

Book Description Now Publishers Inc, 2018. Paperback. Condition: New. Brand New! This item is printed on demand. Seller Inventory # 1601988923

More information about this seller | Contact this seller

Buy New
US$ 122.90
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

6.

Charles Lee, Eric So
Published by Now Publishers Inc, United States (2015)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description Now Publishers Inc, United States, 2015. Paperback. Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. This monograph is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. We refer to this type of research as Alphanomics , the informational economics behind market efficiency. The Alpha portion refers to the abnormal returns, or financial rewards, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. The Nomics refers to the economics of alpha extraction, which encompasses the costs and incentives of informational arbitrage as a sustainable business proposition. Seller Inventory # LIE9781601988928

More information about this seller | Contact this seller

Buy New
US$ 123.77
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

7.

Lee, Charles M. C.
Published by Now Publishers Inc (2018)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 20
Print on Demand
Seller:
Murray Media
(NORTH MIAMI BEACH, FL, U.S.A.)
Rating
[?]

Book Description Now Publishers Inc, 2018. Paperback. Condition: New. Never used! This item is printed on demand. Seller Inventory # 1601988923

More information about this seller | Contact this seller

Buy New
US$ 124.08
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

8.

Charles M. C. Lee; Eric So
Published by Now Publishers Inc (2015)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Softcover Quantity Available: 1
Print on Demand
Seller:
Rating
[?]

Book Description Now Publishers Inc, 2015. Condition: New. This item is printed on demand for shipment within 3 working days. Seller Inventory # GM9781601988928

More information about this seller | Contact this seller

Buy New
US$ 130.98
Convert currency

Add to Basket

Shipping: US$ 3.43
From Germany to U.S.A.
Destination, rates & speeds

9.

Lee, Charles M. C.; So, Eric
Published by Now Publishers Inc
ISBN 10: 1601988923 ISBN 13: 9781601988928
New PAPERBACK Quantity Available: > 20
Seller:
Russell Books
(Victoria, BC, Canada)
Rating
[?]

Book Description Now Publishers Inc. PAPERBACK. Condition: New. 1601988923 Special order direct from the distributor. Seller Inventory # ING9781601988928

More information about this seller | Contact this seller

Buy New
US$ 148.50
Convert currency

Add to Basket

Shipping: US$ 7.00
From Canada to U.S.A.
Destination, rates & speeds

10.

Lee, Charles M. C./ So, Eric C.
Published by Now Pub (2015)
ISBN 10: 1601988923 ISBN 13: 9781601988928
New Paperback Quantity Available: 2
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Now Pub, 2015. Paperback. Condition: Brand New. 212 pages. 9.21x6.14 inches. In Stock. Seller Inventory # x-1601988923

More information about this seller | Contact this seller

Buy New
US$ 149.59
Convert currency

Add to Basket

Shipping: US$ 9.77
From United Kingdom to U.S.A.
Destination, rates & speeds

There are more copies of this book

View all search results for this book