Overconfidence, arbitrage, and equilibrium asset pricing

Article Abstract:

Research on securities pricing shows mispricing idiosyncratic value components tends to diminish although systematic mispricing does not. This finding has implications for the ability of market value and fundamental/price ratios to forecast returns.

Stocks & Other Equity Securities, Research, Securities, Securities prices, Arbitrage

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Does investor misvaluation drive the takeover market?

Article Abstract:

The article uses multivariate analysis to examine the negative impact of investors' decisions on stock market driven mergers.

Decision-making, Decision making, Acquisitions and mergers, Multivariate analysis

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IPO pricing in "hot" market conditions: who leaves money on the table?

Article Abstract:

The article examines correlation between investors' informed trading and pricing of initial public offerings in France.

France, Commodity & service prices, Insider trading in securities, Insider trading (Securities), Going public (Securities), Initial public offerings, Company public offering, Company pricing policy

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