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Are investors rational ? choices among index funds

Elton, Edwin J - ; Gruber, Martin J - ; Busse, Jeffrey A - ;

S & P 500 index funds represent one of the simplest vehicles for examining rational behavior. They hold virtually the same securities, yet their returns differ by more than 2 percent per year. Although the relative returns of alternative S & P 500 funds are easily predictable, the relationship between cash flows and performance is weaker than rational behavior would lead us to expect..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: The American Finance Association
Edisi-
Subjek-
ISBN/ISSN00221082
Klasifikasi-
Deskripsi Fisik-
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Other Version/RelatedTidak tersedia versi lain
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