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The Stock Market
Advisory Board
Alan L. Carsrud
Professor of Industrial and Systems Engineering, Clinical Professor of Management, and Executive Director of the Eugenio Pino and Family Global Entrepreneurship Center, Florida International University
Alan Reynolds Senior Fellow Cato Institute
Wesley B. Truitt
Chairman and Series Editor Adjunct Professor
Anderson Graduate School of Management University of California, Los Angeles
Walter E. Williams
John M. Olin Distinguished Professor of Economics George Mason University
Charles Wolf Jr.
Senior Economic Advisor and Corporate Fellow in International Economics The RAND Corporation
The Stock Market
RIK W. HAFER AND SCOTT E. HEIN
GREENWOOD GUIDES TO BUSINESS AND ECONOMICS Wesley B. Truitt, Series Editor
GREENWOOD PRESS WESTPORT, CONNECTICUT LONDON
Library of Congress Cataloging-in-Publication Data
Hafer, R. W. (Rik W.)
The stock market / Rik W. Hafer and Scott E. Hein.
p. cm. — (Greenwood guides to business and economics, ISSN 1559–2367)
Includes bibliographical references and index. ISBN 0–313–33824–8 (alk. paper)
1. Stock exchanges. 2. Stock exchanges—United States. I. Hein, Scott E., 1949– II. Title.
HG4551.H23 2007 332.64`2—dc22 2006029484
British Library Cataloguing-in-Publication Data is available.
Copyright # 2007 by Rik W. Hafer and Scott E. Hein
All rights reserved. No portion of this book may be reproduced, by any process or technique, without the express written consent of the publisher.
Library of Congress Catalog Card Number: 2006029484 ISBN: 0–313–33824–8
ISSN: 1559–2367
First published in 2007
Greenwood Press, 88 Post Road West, Westport, CT 06881 An imprint of Greenwood Publishing Group, Inc. www.greenwood.com
Printed in the United States of America
The paper used in this book complies with the Permanent Paper Standard issued by the National Information Standards Organization (Z39.48–1984).
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