Jump to ContentJump to Main Navigation
Show Summary Details
More options …

The Economists’ Voice

Ed. by Belke, Ansgar / Schnabl, Gunther


CiteScore 2017: 0.15

SCImago Journal Rank (SJR) 2017: 0.104
Source Normalized Impact per Paper (SNIP) 2017: 0.105

Online
ISSN
1553-3832
See all formats and pricing
More options …
Volume 3, Issue 8

Issues

Letter: Informed Investors Have Limited Ability to Push Prices to Efficiency

Richard H. Serlin
Published Online: 2006-10-04 | DOI: https://doi.org/10.2202/1553-3832.1216

J. Bradford DeLong and Konstantin Magin's July, 2006 article gave several good reasons why "informed and aggressive" investors will not necessarily push prices all of the way to their fundamental levels, but missing was the fact that there may not be enough such investors given that none will rationally choose to be too aggressive and have too undiversified a portfolio, according to Richard Serlin.

About the article

Published Online: 2006-10-04


Citation Information: The Economists' Voice, Volume 3, Issue 8, ISSN (Online) 1553-3832, DOI: https://doi.org/10.2202/1553-3832.1216.

Export Citation

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston.Get Permission

Comments (0)

Please log in or register to comment.
Log in