- 1、有哪些信誉好的足球投注网站(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。。
- 2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 4、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 5、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 6、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 7、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
Meir Statman Professor, Deparlment of Finance Leavey School of Business Santa Clara University Finance practitioners and academics are, or should that the rationality-based market equilibrium mod- be, interested in the following questions: els in finance in general and of dividends in particu- .Why do investors like dividends? lar are alive and well-or at least in no worse shape .Why do investors hate to realize losses? than other comparable models in economics at their level of aggregation. The framework is not so .Why do investors prefer stocks of good weighed down with anomalies that a complete re- companies? construction (on behavioral/ cognitive or other lines) .How are expected returns determined? is either needed or likely to occur in the near future. .What kjnds of securities do investors like? (p. 5466) .What are the forces that shape financial regu- I argue that, today, ten years after Miller spoke, lations? standard finance is indeed so weighted down with The range of questions is wide. It includes investor anomalies that it makes much sense to continue the behavior; the interaction of investors in markets, reconstruction of financial theory on behavioral lines. which determines security prices; and the interaction Standard finance is constructed with a few com- of citizens in public policy arenas, which determines mon components that have many uses. So is behav- financial regulations. ioral finance. But the components of standard finance Standard finance-the
您可能关注的文档
- Pediatric Orthopedic Trauma, Principles In Management英文电子书.pdf
- Engineering Plastics MoldFlow Plastics Insight Whitepaper 2001英文电子书.pdf
- Atomic Force Microscope Nanolithography On Organized Molecular Films (2004)英文电子书.pdf
- Operations management from Taylor to Toyota and Beyond英文电子书.pdf
- Effects of different treatments on soil borne DDT and HCH dynamics and plant uptake英文电子书.pdf
- Photosynthetic accumulation of poly (hydroxybutyrate) by cyanobacteria—the metabolism and potential for CO2 recycling英文电子书.pdf
- Regulation of spontaneous rhythmic activity and organization of pacemakers as memory traces by spike timing dependent synaptic plasticity in a hippocampal model英文电子书.pdf
- Diallyl disulfide and diallyl trisulfide protect endothelial nitric oxide synthase against damage by oxidized low density lipoprotein英文电子书.pdf
- Commercial Bank Risk Management英文电子书.pdf
- Current status of heavy metal contamination in Asia’s rice lands英文电子书.pdf
- plasma cutting tip1英文电子书.pdf
- Effects of melamineon the Maillard reaction between lactose and phenylalanine英文电子书.pdf
- Anti oxidants and apoptosis英文电子书.pdf
- Cloning, Sequence, And Expression Of The Drosophila Camp Dependent Protein Kinase Catalytic Subunit Gene英文电子书.pdf
- A Comparative Analysis Of Current Credit Risk英文电子书.pdf
- Insight into the microbial community and its succession of a coupling anaerobic aerobic biofilm on semi suspended bio carriers英文电子书.pdf
- End-ocrine methods of ovulation induction英文电子书.pdf
- Science Encyclopedia of Food Science and Technology Sensors and Food Processing Operations英文电子书.pdf
- Autop38 phagy and apop38 tosis in genotoxic stress A strange duo英文电子书.pdf
- Integer Programming英文电子书.pdf
文档评论(0)