The Efficient Market Hypothesis (EMH) asserts that, at all times, the price of a security reflects all available information about its fundamental value. The im

What are the central questions of economics and how do economists tackle them? This book aims to answer these questions in 100 essays, written by economists and

This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the

The Ascent of Market Efficiency weaves together historical narrative and quantitative bibliometric data to detail the path financial economists took in order to

The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must