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The Stock Market as an Efficient Market
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Economic Theories research papers
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This 6 page paper argues that the stock market may be seen as a very efficient market where share prices will always represent the underlying intrinsic value of the shares, even where there is an asymmetry of information. The paper uses the efficient market hypothesis (EMH), to explain this, relying on the ideas of Fama. The bibliography cites 5 sources.
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Pages:
6
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Filename:TS14_TEeffmar.rtf |
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Paper Title:
The Stock Market as an Efficient Market
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