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Advances in Behavioral Finance
Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often fail to behave as they should if trading were truly dominated by the fully rational investors that populate financial theories.
Paperback, 624 pages
Published August 19th 1993 by Russell Sage Foundation Publications
(first published January 1st 1993)
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