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Item Details
| Title:
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ALPHANOMICS
THE INFORMATIONAL UNDERPINNINGS OF MARKET EFFICIENCY |
| By: |
Charles Lee, Eric So |
| Format: |
Paperback |
| List price:
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£66.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1601988923 |
| ISBN 13: |
9781601988928 |
| Publisher: |
NOW PUBLISHERS INC |
| Pub. date: |
16 December, 2015 |
| Series: |
Foundations and Trends in Accounting |
| Pages: |
80 |
| Description: |
A monograph that 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. |
| Synopsis: |
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. |
| Publication: |
US |
| Imprint: |
now publishers Inc |
| Returns: |
Non-returnable |
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