2024-03-28T10:05:36Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:00019359
2023-11-13T01:14:24Z
659:853:854:1682
Attentionと株式評価
Attention and Stock Price
岡田, 克彦
OKADA, Katsuhiko
open access
Efficient Market
Attention
Analyst's rating revision
Bounded Rationality
Post-Earnings-Announcement-Drift
Proponents of "Efficient Market Theory" assert that the financial market is efficient because investors are unable to form investment strategies that generate abnormal return for a sustainable period. We propose investment strategies using "limited attention" which could potentially generate abnormal return. Our evidence suggests that stocks with less attention by professional traders tend to be mispriced in the Japanese stock market; Investors exploiting "Attention" information will be able to selectively invest in stocks that are undervalued.
名古屋大学大学院経済学研究科
2015-03-25
jpn
departmental bulletin paper
VoR
https://doi.org/10.18999/ecos.62.4.107
http://hdl.handle.net/2237/21443
https://nagoya.repo.nii.ac.jp/records/19359
10.18999/ecos.62.4.107
https://www2.soec.nagoya-u.ac.jp/bulletin/proceedings/#vol62
0022-9725
経済科学
62
4
107
117
https://nagoya.repo.nii.ac.jp/record/19359/files/okada.pdf
application/pdf
1.4 MB
2018-02-21