Essays about: "Underreactions"
Found 1 essay containing the word Underreactions.
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1. Price Shocks and Investor Irrationality
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper replicates the research conducted by Benou and Richie (2003) on overreactions among investors to news or events causing large price changes to occur in the stock market. While the original study focuses solely on large price decreases among well-established firms listed in the S&P 100 index on the U.S. READ MORE
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