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 | Inefficient Markets: An Introduction to Behavioral Finance (Clarendon Lectures in Economics) (1st Edition) by Andrei Shleifer Paperback, 224 Pages, Published 2000 ISBN-10: 0-19-829227-9 / 0198292279 ISBN-13: 978-0-19-829227-2 / 9780198292272 The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either because all investors are rational or because arbitrage eliminates pricing anomalies. This book describes | |