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July 17, 2007

Research Watch: Disagreement, Stock Sentiment, and Gift Cards

Some recent financial research of note, this time from the Journal of Economic Perspectives:

• Disagreement and the stock market: Disagreement explains some anomalies like glamor stocks and Fascinating stuff on the role of heterogenous views in markets
• The gift card market: An $80-billion market has emerged in ten years, despite givers and recipients seeing very different values

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