Froot, Kenneth A., and André Perold. "New Trading Practices and Short-Run Market Efficiency." Journal of Futures Markets 15, no. 7 (October 1995): 731–766. (Revised from NBER Working Paper No. 3498, ...

The efficient market hypothesis is based on the notion that prices for securities or assets in a market are always reflective of all information available to investors. The efficient market ...

China's national unified market initiative, launched in 2022, aims to dismantle local protectionism and market segmentation ...

Asness suspects that social media is the primary culprit leading to the stock market’s decreasing efficiency. That’s because ...

The famed efficient market hypothesis, or EMH, is widely accepted by academics and modern investors. The hypothesis states that stock prices reflect all available information at any given time ...

The latest academic analysis suggests the growth of ETFs has improved the efficiency of stock pricing at the market level, a concept dubbed “macro-efficiency”, reducing the prevalence of ...

But, my take is that it was also a big win for behavioral finance by disproving the efficient market hypothesis. Penn State Throws Away Orange Bowl Against Notre Dame Before They Were Icons ...