Open Problems

Andrei Shleifer

in Inefficient Markets

Published in print March 2000 | ISBN: 9780198292272
Published online November 2003 | e-ISBN: 9780191596933 | DOI:

Series: Clarendon Lectures in Economics

Open Problems

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Summarises some of the successes of behavioural finance and shows how this field can inform the analysis of broader questions in economics. It begins with some of the open issues in security valuation. It then moves to the study of real consequences of financial markets on corporate finance and real investment, and evaluates the role of public policies. It concludes by enumerating 20 broad problems in behavioural finance.

Keywords: behavioural finance; corporate finance; finance; financial markets; investment; public policy; security prices

Chapter.  8412 words.  Illustrated.

Subjects: Financial Markets

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