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Picking Stocks to Beat the Market

Hersh Shefrin

in Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing

Published in print:
2002
Published Online:
November 2003
ISBN:
9780195161212
eISBN:
9780199832996
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195161211.003.0007
Subject:
Economics and Finance, Financial Economics

The third theme of behavioral finance is inefficient markets. In recent years scholars have produced considerable evidence that heuristic‐driven bias and frame dependence cause markets to be ... More


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