AVAILABILITY BIAS AND MARKET EFFICIENCY IN PAKISTAN

Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2016, Vol 11, Issue 4

Abstract

Market efficiency has been a kind of pivot both for academic research and for policymaking concerning stock market for the last decades. But this hypothesis recently keeps being criticized both from archival and survey strategy. In this paper we also criticized it based on psychological survey. Concretely we show that the appearance of availability bias has a possibility in real stock markets and we also demonstrate that even information efficiency is a kind of problem concerning human psychology. In this study we conclude that availability bias is a factor contributing in inefficiency of Pakistani market.

Authors and Affiliations

Muhammad SalehMemon, Akmal khan, Dr. Abdullah Sethar, Dr. Muhammad Ali, Dr. Faiz Muhammad Shaikh, Nusrat Abbassi

Keywords

Related Articles

A Novel Design of Low-Power 1-Bit CMOS Full-Adder Cell using XNOR and MUX

This paper process a novel design for low power 1-bit CMOS full adder using XNOR and MUX, with reduced number of transistors using GDI cell. The circuits were simulated with supply voltage scaling from 1.2V to 0.6V &...

Slotted Carrier Sense Multiple Access Protocols- A Review

CSMA/CA protocols rely on the random deferment of packet transmissions. Like most other protocols, CSMA/CA was designed with the assumption that the nodes would play by the rules. This is important the nodes themselves c...

EFFECTS OF MICROFINANCE LENDING ON WORKING CAPITAL MANAGEMENT OF MICRO AND SMALL ENTERPRISES IN NAROK TOWN KENYA.

This study sought to establish the effects of MFIs lending on working capital management of micro and small businesses in Narok Town. The objectives of the study were to establish the effects of Microfinance lending on c...

The Use of Grounded Theory to evaluate the Interactive Effect of Farmer Entrepreneur and Economic Development of Ghana

Widely seen is entrepreneurship being a key to competence which is necessary to build-up a developed economy globally. There is a consistent relationship between economic prosperity and entrepreneurial activities which h...

BST Algorithm for Duplicate Elimination in Data Warehouse

Data warehousing is an emerging technology and has proved to be very important for an organization. Today every  business organization needs accurate and large amount of information to make proper decisions. For tak...

Download PDF file
  • EP ID EP654077
  • DOI 10.24297/ijmit.v11i4.4758
  • Views 176
  • Downloads 0

How To Cite

Muhammad SalehMemon, Akmal khan, Dr. Abdullah Sethar, Dr. Muhammad Ali, Dr. Faiz Muhammad Shaikh, Nusrat Abbassi (2016). AVAILABILITY BIAS AND MARKET EFFICIENCY IN PAKISTAN. INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY, 11(4), 2954-2959. https://europub.co.uk./articles/-A-654077