INVESTORS TIME HORIZON AND INEFFICIENCY OF CAPITAL-MARKETS

[1] BAUMOL WJ, 1965, STOCK MARKET ECONOMI

[2] Diamond PA, 1967, AM ECON REV, V57, P759

[3] THEORY OF FIRM IN AN ECONOMY WITH INCOMPLETE MARKETS [J]. BELL JOURNAL OF ECONOMICS, 1974, 5 (01): : 171 - 180

[4] Fama E. F., 1972, THEORY FINANCE

[5] EFFICIENT CAPITAL MARKETS - REVIEW OF THEORY AND EMPIRICAL WORK [J]. JOURNAL OF FINANCE, 1970, 25 (02) : 383 - 423

[6] PERFECT COMPETITION AND OPTIMAL PRODUCTION DECISIONS UNDER UNCERTAINTY [J]. BELL JOURNAL OF ECONOMICS AND MANAGEMENT SCIENCE, 1972, 3 (02): : 509 - 530

[7] Jensen MC., 1972, BELL J ECON, V3, P151

[8] KEYNES JM, 1936, GENERAL THEORY EMPLO

[9] CONSUMER DISCOUNT RATE AND HORIZON - NEW EVIDENCE [J]. JOURNAL OF POLITICAL ECONOMY, 1971, 79 (06) : 1346 - 1359

[10] PRODUCTION THEORY AND STOCK MARKET [J]. BELL JOURNAL OF ECONOMICS, 1974, 5 (01): : 125 - 144

[1] BAUMOL WJ, 1965, STOCK MARKET ECONOMI

[2] Diamond PA, 1967, AM ECON REV, V57, P759

[3] THEORY OF FIRM IN AN ECONOMY WITH INCOMPLETE MARKETS [J]. BELL JOURNAL OF ECONOMICS, 1974, 5 (01): : 171 - 180

[4] Fama E. F., 1972, THEORY FINANCE

[5] EFFICIENT CAPITAL MARKETS - REVIEW OF THEORY AND EMPIRICAL WORK [J]. JOURNAL OF FINANCE, 1970, 25 (02) : 383 - 423

[6] PERFECT COMPETITION AND OPTIMAL PRODUCTION DECISIONS UNDER UNCERTAINTY [J]. BELL JOURNAL OF ECONOMICS AND MANAGEMENT SCIENCE, 1972, 3 (02): : 509 - 530

[7] Jensen MC., 1972, BELL J ECON, V3, P151

[8] KEYNES JM, 1936, GENERAL THEORY EMPLO

[9] CONSUMER DISCOUNT RATE AND HORIZON - NEW EVIDENCE [J]. JOURNAL OF POLITICAL ECONOMY, 1971, 79 (06) : 1346 - 1359

[10] PRODUCTION THEORY AND STOCK MARKET [J]. BELL JOURNAL OF ECONOMICS, 1974, 5 (01): : 125 - 144