Bookcover of Financial Market Efficiency
Booktitle:

Financial Market Efficiency

Eugene Fama, Financial market, Efficient-market hypothesis

Flu Press (2012-01-14 )

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ISBN-13:

978-613-9-66442-9

ISBN-10:
613966442X
EAN:
9786139664429
Book language:
English
Blurb/Shorttext:
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In the 1970s Eugene Fama defined an efficient financial market as "one in which prices always fully reflect available information”. The most common type of efficiency referred to in financial markets is the allocative efficiency, or the efficiency of allocating resources. This includes producing the right goods for the right people at the right price. A trait of allocatively efficient financial market is that it channels funds from the ultimate lenders to the ultimate borrowers in a way that the funds are used in the most socially useful manner.
Publishing house:
Flu Press
Website:
http://www.alphascript-publishing.com
Edited by:
Gerd Numitor
Number of pages:
96
Published on:
2012-01-14
Stock:
Available
Category:
Economics
Price:
34.00 €
Keywords:
Funds, Financial, market, Information, efficient

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