THE THEORY OF EFFICIENT MARKETS AND A MODEL OF RATIONAL INVESTOR – FROM CONDITIONS OF RISK TO TERMS OF CONFLICT
The theoretical assumption about the informative effectiveness of financial markets is very important, although the discussion about its compatibility with the reality still re-mains open. The article summarises the key elements of the theory of efficient markets, paying particular attention to the...
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| Format: | Article |
| Language: | English |
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University of Gdansk
2014-03-01
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| Series: | Contemporary Economy |
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| Online Access: | http://www.wspolczesnagospodarka.pl/?p=734 |