Should institutional investment managers be held responsible for not leaning against the tide when bubbles form? Is
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Should institutional investment managers be held responsible for not “leaning against the tide” when bubbles form? Is there some way to regulate their behavior or create incentives for them to provide this public good?
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Given that capital flows from individual investors exert a sub...View the full answer
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Related Book For
Behavioral Finance
ISBN: 9780190868741
1st Edition
Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger
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