What is investor overreaction? Which behavioral bias is primarily responsible for this effect, and how does this bias result in this effect? How does overreaction decrease an investors returns?

International Financial Management
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ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter16: Country Risk Analysis
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What is investor overreaction? Which behavioral bias is primarily responsible for this effect, and how does this bias result in this effect? How does overreaction decrease an investors returns?

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