Year: 1994
Author: Krämer, Walter
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 114 (1994), Iss. 2 : pp. 173–183
Abstract
The paper shows that seemingly excessive volatilities of capital assets, which often serve as an argument against efficient markets, can easily occur when markets are perfectly efficient, and do therefore carry much less weight than many critics seem to think.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.114.2.173
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 114 (1994), Iss. 2 : pp. 173–183
Published online: 1994-02
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 11