000723079 000__ 03269cam\a2200469Ki\4500 000723079 001__ 723079 000723079 005__ 20230306140331.0 000723079 006__ m\\\\\o\\d\\\\\\\\ 000723079 007__ cr\cn\nnnunnun 000723079 008__ 131118s2014\\\\nyua\\\\ob\\\\000\0\eng\d 000723079 020__ $$a9781461493693$$qelectronic book 000723079 020__ $$a1461493692$$qelectronic book 000723079 020__ $$z9781461493686 000723079 0247_ $$a10.1007/978-1-4614-9369-3$$2doi 000723079 035__ $$aSP(OCoLC)ocn863155528 000723079 035__ $$aSP(OCoLC)863155528 000723079 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dYDXCP$$dN$T$$dGPM$$dIDEBK$$dE7B$$dCDX$$dOCLCO$$dOCLCF$$dCOO 000723079 049__ $$aISEA 000723079 050_4 $$aHB74.P8 000723079 08204 $$a330.01/9$$223 000723079 1001_ $$aLuo, Guo Ying,$$d1964-$$eauthor. 000723079 24510 $$aAsset price response to new information$$h[electronic resource] :$$bthe effects of conservatism bias and representativeness heuristic /$$cGuo Ying Luo. 000723079 264_1 $$aNew York :$$bSpringer,$$c2014. 000723079 300__ $$a1 online resource (vii, 70 pages). 000723079 336__ $$atext$$btxt$$2rdacontent 000723079 337__ $$acomputer$$bc$$2rdamedia 000723079 338__ $$aonline resource$$bcr$$2rdacarrier 000723079 4901_ $$aSpringerBriefs in Finance,$$x2193-1720 000723079 504__ $$aIncludes bibliographical references. 000723079 5050_ $$aConservatism bias and asset price overreaction or underreaction to new information in a competitive securities market -- Conservatism bias and asset price overreaction or underreaction to new information in the presence of strategic interaction -- Representativeness heuristic and asset price overreaction or underreaction to new information in a competitive securities market -- Representativeness heuristic and asset price overreaction or underreaction to new information in the presence of strategic interaction -- The presence of representativeness heuristic and conservatism bias in an asset market -- Conclusion. 000723079 506__ $$aAccess limited to authorized users. 000723079 520__ $$aAsset Price Response to New Information examines the effect of two types of psychological biases (namely, conservatism bias and representativeness heuristic) on the asset price reaction to new information. The author constructs various models of a competitive securities market or a security market allowing for strategic interaction among traders to prove rigorously that either conservatism or representativeness is capable of generating both asset price overreaction and underreaction to new information. The results shed some new insights on the phenomena of the asset price overreaction and underreaction to new information. In the literature, very little has been published in this area of behavioral finance. This volume will appeal to graduate-level students and researchers in finance, behavioral finance, and financial engineering. 000723079 588__ $$aDescription based on online resource; title from PDF title page (SpringerLink, viewed October 21, 2013). 000723079 650_0 $$aEconomics$$xPsychological aspects. 000723079 650_0 $$aPrices. 000723079 650_0 $$aAssets (Accounting) 000723079 77608 $$tAsset price response to new information.$$dSpringer Verlag 2013$$z9781461493686$$w(OCoLC)859195691 000723079 830_0 $$aSpringerBriefs in finance. 000723079 852__ $$bebk 000723079 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-1-4614-9369-3$$zOnline Access$$91397441.1 000723079 909CO $$ooai:library.usi.edu:723079$$pGLOBAL_SET 000723079 980__ $$aEBOOK 000723079 980__ $$aBIB 000723079 982__ $$aEbook 000723079 983__ $$aOnline 000723079 994__ $$a92$$bISE