Hans-Michael Geiger- Informational Efficiency in Speculative Markets- A Theoretical Investigation Informational Efficiency in Speculative Markets

• Format: Elektronisch Buchkapitel
• Sprache: Englisch
• Veröffentlicht: Bern Peter Lang International Academic Publishers 2018
• Schriftenreihe: Allokation im marktwirtschaftlichen System 29
• Schlagworte: Economic theory & philosophy; Behavioural economics; Efficiency; Geiger; Hans; INFORM; Informational; Investigation; Markets; Michael; Speculative; Theoretical
• Online-Zugang: OAPEN Library: download the publication; OAPEN Library: description of the publication

The purpose of this work is to provide a critical presentation and some extensions of two perspectives of informational efficiency: On the one hand the neoclassical perspective or «arithmomorphic approach» explains efficiency in terms of a concept mainly based on an explicit economic theory. On the...