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Ec4024 Lecture 12

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Stephen Kinsella
Stephen Kinsella
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Lecture 12 EMH and AMH
Today Efficient Markets Hypothesis Types of Market Efficieny Random Walks Testing for Random Walks Lo’s Adaptive Markets Hypothesis
EMH
Types of Efficiency
Problems with EMH
Credible?
Testing EMH~Handout
Adaptive Markets
Next Time Midterm!

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Ec4024 Lecture 12