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Do Investors Learn from Prices to Form Beliefs? Evidence from the Securities Lending Market

A new study suggests investors often overestimate their knowledge and ignore price information, challenging the theory of rational expectations.

Featured in No. 23 on 25 Oct 2023 · 1 day after release · 0 citations today

Released
24 Oct 2023
First featured
No. 23 · 25 Oct 2023
Citations (Semantic Scholar)
0
Influential citations
0
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
3
Identifier
SSRN 4611162

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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