Research in experimental psychology suggests that, in violation of Bayes' rule, most people
tend to “overreact” to unexpected and dramatic news events. This study of market efficiency …

Stock market phenomena such as the January and low pricelearnings ratio effects entice
investors with prospects of extraordinary returns. Most previous stock market anomaly …

In this book, the author draws from finance, psychology, economics, and other disciplines in
business and the social sciences, recognising that personal finance and investments are …

An investigation of the relation between earnings surprise and three empirical anomalies—
the P/E effect, the size effect, and the Value Line enigma—indicates that the standardized …

Studying size and serial correlation effects, the authors examine why portfolios selected on
the basis of standardized unexpected earnings (SUEs) exhibit excess returns. Results of the …

A comprehensive guide to investment analysis and portfolio management by an expert team
from the CFA Institute In a world of specialization, no other profession likely requires such …

According to conventional financial theory, competition among diverse investors and
arbitrage should keep stock prices close to their" fair" value. But a growing body of research …

This article questions the continued use and application of EVA®(economic value added)
because it is epistemologically a non-sequitur, fails to satisfy the requirements of sound …

Page 1 Stephanie Elisabeth Hauser Informationsverarbeitung am Neuen Markt Eine empirische
Analyse der Determinanten von Kursreaktionen auf Ad-hoc-Meldungen DUV GABLER EDITION …

One of the thorniest problems in investment research is to integrate academic research into
a viable investment product. Research techniques that have shown promise in academic …