Title :
The efficient market approximation
Author_Institution :
Northern Arizona Univ., Flagstaff, AZ, USA
fDate :
2/1/2006 12:00:00 AM
Abstract :
The EMH is the focus of this paper. The academic point of view is encapsulated in the efficient market hypothesis (EMH). Consideration of the first issue leads to three distinct forms of the EMH. These are referred to as the weak, semistrong and strong forms. This paper looks at some of the causes and consequences of random price behavior.
Keywords :
marketing; pricing; efficient market approximation; efficient market hypothesis; random price behavior; Asset management; Fluctuations; Gaussian distribution; Information analysis; Information security; Investments; Performance analysis;
Journal_Title :
Microwave Magazine, IEEE
DOI :
10.1109/MMW.2006.1614226
