Results 11 to 20 of about 949,210 (311)

INSIDERS AND MARKET EFFICIENCY [PDF]

open access: yesThe Journal of Finance, 1976
THE STRONG-FORM of the efficient market hypothesis assumes all available public and private information is fully relected in a security's market price. The strongform, in terms of market participants, also assumes that no individual can have higher expected trading profits than others because of monopolistic access to information.
openaire   +1 more source

L’étrange silence du Nobel Prize Committee sur la « théorie des marchés efficients »

open access: yesRevue de la Régulation, 2013
The 2013 “Nobel Prize” in Economic Sciences was awarded to Eugene Fama and Robert Shiller, who are known for their opposing positions on the theory of “efficient financial markets.” Yet in the official prize announcement, the jury fails to mention this ...
Bernard Guerrien, Ozgur Gun
doaj   +1 more source

Nonlinearities and Chaos: A New Analysis of CEE Stock Markets

open access: yesMathematics, 2021
After a long transition period, the Central and Eastern European (CEE) capital markets have consolidated their place in the financial systems. However, little is known about the price behavior and efficiency of these markets.
Claudiu Tiberiu Albulescu   +2 more
doaj   +1 more source

What makes the securities criminal law system of the United States work: 'All-embracing' 'blanket' securities crimes and the linked enforcement framework [PDF]

open access: yesPravni Zapisi, 2021
The article explores the key factors that make the securities criminal law of the United States (US), as one of the integral building blocks of the capital markets and securities regulatory system, efficient. This includes the role and characteristics of
Tajti Tibor
doaj   +1 more source

Market Efficiency and Behavioral Biases in the WNBA Betting Market

open access: yesInternational Journal of Financial Studies, 2014
The betting market for the Women’s National Basketball Association (WNBA) is a thin financial market, which does not attract much interest from sports bettors.
Rodney J. Paul, Andrew P. Weinbach
doaj   +1 more source

THE VOLATILITY OF THE FINANCIAL MARKET – A QUANTITATIVE APPROACH [PDF]

open access: yesAnnals of the University of Oradea: Economic Science, 2008
During the last years, the financial markets have been subject to significant fluctuations of their financial actives. These spectacular movements have revived the interest, in the academic circles and policy makers and regulation and control authorities
Mester Ioana Teodora
doaj  

Tests of the Efficient Markets Hypothesis

open access: yesAustrian Journal of Statistics, 2016
This paper surveys various statistical methods that have been proposed for the examination of the efficiency of financial markets and proposes a novel procedure for testing the predictability of a time series.
Erhard Reschenhofer, Michael A. Hauser
doaj   +1 more source

Efficient Markets and Alienation [PDF]

open access: yesPhilosophers' Imprint, 2022
Efficient markets are alienating if they inhibit us from caring about one another in our productive activities. I argue that efficient market behaviour is both exclusionary and fetishistic. As exclusionary, the efficient marketeer cannot manifest care alongside their market behaviour.
openaire   +1 more source

efficient markets hypothesis [PDF]

open access: yes, 2008
The efficient markets hypothesis (EMH) maintains that market prices fully reflect all available information. Developed independently by Paul A. Samuelson and Eugene F. Fama in the 1960s, this idea has been applied extensively to theoretical models and empirical studies of financial securities prices, generating considerable controversy as well as ...
openaire   +1 more source

Insufficient Incentives for Investment in Electricity Generation [PDF]

open access: yes, 2004
In theory, competitive electricity markets can provide incentives for efficient investment in generating capacity. We show that if consumers and investors are risk averse, investment is efficient only if investors in generating capacity can sign long ...
de Vries, Laurens, Neuhoff, Karsten
core   +1 more source

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