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 Behavioral challenges to EMH

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andrewbb
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Registration date : 2012-08-01

PostSubject: Behavioral challenges to EMH   Wed May 01, 2013 9:19 pm


The Efficient Market Hypothesis (EMH) has been a central proposition for the past several decades. assignment代写It asserts that the market fully and efficiently incorporate all available information. Andrei Shleifer (2000) claims in his book that any one of the following three conditions can lead to the efficiency. 澳洲代写They are rationality, independent deviations from rationality, and arbitrage.

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