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Titlebook: A Reappraisal of the Efficiency of Financial Markets; Rui M. C. Guimarães,Brian G. Kingsman,Stephen J. T Conference proceedings 1989 Sprin

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期刊全称A Reappraisal of the Efficiency of Financial Markets
影响因子2023Rui M. C. Guimarães,Brian G. Kingsman,Stephen J. T
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学科分类NATO ASI Subseries F:
图书封面Titlebook: A Reappraisal of the Efficiency of Financial Markets;  Rui M. C. Guimarães,Brian G. Kingsman,Stephen J. T Conference proceedings 1989 Sprin
影响因子The behaviour of market prices is a fascinating subject for researchers. Opinions vary substantially. from the view that prices accurately and quickly reflect relevant information to the other extreme that prices are not rationally determined and are hence to some degree predictable. This diversity of belief about the efficiency of markets is reflected in these proceedings of the NATO Advanced Research Workshop on "A reappraisal of the efficiency of financial markets". The thirty-one workshop papers cover stock. currency and commodity markets. We are pleased to have contributions on markets in eleven NATO countries: Belgium. Canada. Denmark. France. Germany. Greece. Italy. the Netherlands. Portugal. the United Kingdom and the United States. The workshop papers thus provide a wide-ranging account of contemporary research into financial markets worldwide. The workshop was held at the Hotel do Mar. Sesimbra. Portugal from April 11 th to April 15th. 1988. We record our gratitude to Jose Cabral for ensuring the smooth progress of the workshop. The generous financial assistance of NATO was supplemented by contributions from: The Chicago Board of Trade. Alianca Seguradora. Banco Comercial
Pindex Conference proceedings 1989
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,Vorprüfung anorganischer Stoffe,This paper explores and summarizes the evidence of the overreaction anomaly. The main questions which the author tries to answer are:
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Sedimente und Concremente des Harns,at have been proposed, in terms of their likelihood of forming a basis for guiding and evaluating empirical research on the relation between information and prices. It asks what is presently knowable about efficiency, including the conclusions that can and cannot reliably be drawn from the evidence,
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https://doi.org/10.1007/978-3-662-39491-5broad area. Some concern for data snooping and the reporting of noise exists over empirical anomaly research. Yet this does not account for the careful research findings of many authors. The over reaction and negative first-order serial correlation in annual returns is discussed. The January effect
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