Dombrovskyi, V. S.; Plastun, O. L.; Plastun, V. L.
January 2013
Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;Jan2013, Vol. 139 Issue 1, p14
Academic Journal
The article considers the fundamentals of the efficient market hypothesis, its strengths and weaknesses. The examples of the practical limitations and inconsistencies of the given theory are provided. A list of typical anomalies within the efficient market hypothesis is formed.


Related Articles

  • Multifractality of Nonlinear Transformations with Application in Finances. GRECH, D.; PAMUŁA, G. // Acta Physica Polonica, A.;Mar2013, Vol. 123 Issue 3, p529 

    We study the multifractal effects of nonlinear transformations of monofractal, stationary time series and apply the found results to measure the "true" unbiased multifractality generated only by multiscaling properties of initial (primary) data before transformations. A difference is stressed...

  • COMPARATIVE ANALYSIS OF STATE-CONTROLLED MARKET THEORIES IN THE MODERN ECONOMICS. Anatolyevna, Talanova Ekaterina; Shamilevna, Khuade Asiyat // Society: Politics, Economics, Law;2014, Issue 1, p1 

    The article carries out a comparative analysis of the key areas of the state controlled market from the perspective of different economic schools.

  • Searching for Rational Investors In a Perfect Storm. Lowenstein, Louis // Journal of Corporation Law;Spring2005, Vol. 30 Issue 3, p539 

    This article focuses on the efficient market theory (EMT), which for decades has been a cornerstone of economic theory and scholarship. EMT has also had significant impact on public policy and investment practices. It is, indeed, an appealingly simple idea that, in order to make money in the...

  • DE-DOLLARIZATION STRATEGIES IN EMERGING MARKETS. Zykova, O. I. // Economic Annals-XXI;2013, Issue 7/8, p19 

    The article covers the results of the research on de-dollarization strategies considering the example of the Latin American countries, which experienced a gradual decline in the level of financial dollarization. The empirical results were achieved through two standard tools of VAR-analysis:...

  • THE SELECTION OF THE OPTIMAL PORTFOLIO ON THE CROATIAN CAPITAL MARKET. Aljinović, Zdravka; Marasović, Branka; Tomić-Plazibat, Neli // Enterprise in Transition: International Conference Proceedings: ;2005, p1397 

    The article focuses on modern portfolio theory utilized in the selection of optimal portfolio on the Croatian capital market. It is stated that Croatian capital market testifies all the conditions needed for correct application of the modern portfolio theory. Modern portfolio theories are...

  • The Best of Both Worlds. Seawright, Bob // Investment Advisor;May2012, Vol. 32 Issue 5, p72 

    The article reports that passive investing is predicated upon the efficient markets hypothesis. It is stated that since asset prices reflect all relevant information and because investors act rationally upon that information, it is impossible to beat the market over time except by being lucky....

  • WHAT SHOULD WE KNOW ABOUT MOMENTUM STRATEGIES? THE CASE OF THE TUNISIAN STOCK MARKET. Wyème, Ben Mrad Douagi Fatma; Olfa, Chaouachi // Journal of Business Studies Quarterly;2011, Vol. 3 Issue 1, p218 

    In this paper, we examine the profitability of various momentum strategies in the Tunisian stock market over the period April 2003 to March 2010. Also, we verify the stability of momentum return in time. Furthermore, we test for possible seasonality in the momentum profit, and then, we assess...

  • EMH.  // Bloomsbury Business Library - Business & Management Dictionary;2007, p2729 

    Information about the term EMH is presented. It is an abbreviation that stands for efficient markets hypothesis.

  • Business Angel Investment in the China Market. Liu Tingchi, Matthew; Chen Po Chang, Bryant // Singapore Management Review;2007 2nd Half, Vol. 29 Issue 2, p89 

    Instead of venture capital (VC), informal private venture (business angel, BA) investment is getting more and more important for business start-ups' fund-raising due to its advantages like low entry barrier, simple-and-quick decision, low return rate requirement, and flexible time limitation. BA...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics