This paper investigates the efficient market hypothesis in extreme depth. It provides a comprehensive overview of the renowned literature on this particular subject. Comparison to real market problems as well as the limitation of this model is discussed. Moreover primary empirical research is also conducted during this study.
Introduction and Intended outcomes
The efficient market hypothesis is related with the performance of values in asset markets. The expression ‘efficient market’ was originally related to the stock market, but the notion was rapidly simplified to further asset markets. A while before, the efficient market hypothesis were quiet popular amongst the scholastic financial economists. This Continue reading...