Toward a systems science market valuation model

This research note makes a modest attempt to view the valuation of common shares, in part, in terms of a simple feedback mechanism. In so doing, the authors hope to shed light upon one of the underlying dynamics of the often mentioned tendency of the market to 'over-react' to changes in it...

Full description

Saved in:
Bibliographic Details
Published in:International journal of systems science 1972-01, Vol.2 (4), p.443-446
Main Authors: DOKTOR, ROBERT, BREINHOLT, ROBERT, BERGMANN, MICHAEL, STEWART, SAMUEL S.
Format: Article
Language:English
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This research note makes a modest attempt to view the valuation of common shares, in part, in terms of a simple feedback mechanism. In so doing, the authors hope to shed light upon one of the underlying dynamics of the often mentioned tendency of the market to 'over-react' to changes in its environment.
ISSN:0020-7721
1464-5319
DOI:10.1080/00207727208920211