|
|||||
|
|
Investors Thinking and Stock Price Excess Volatility |
|
| Authors: | LI Honggang |
| Abstract: | This paper presents a simplified dynamic model to explore the dynamic mechanism inexcess volatility of stock prices. We attempt to show how investors thinking work for explaining theobservable features of stock market Prices. |
| Keywords: | Fundamental value Excess volatility Internal dynamics of investor thinking |
| 本文献已被 CNKI 等数据库收录！ | |