• DocumentCode
    891661
  • Title

    The efficient market approximation

  • Author

    Blakey, P.

  • Author_Institution
    Northern Arizona Univ., Flagstaff, AZ, USA
  • Volume
    7
  • Issue
    1
  • fYear
    2006
  • fDate
    2/1/2006 12:00:00 AM
  • Firstpage
    28
  • Lastpage
    31
  • Abstract
    The EMH is the focus of this paper. The academic point of view is encapsulated in the efficient market hypothesis (EMH). Consideration of the first issue leads to three distinct forms of the EMH. These are referred to as the weak, semistrong and strong forms. This paper looks at some of the causes and consequences of random price behavior.
  • Keywords
    marketing; pricing; efficient market approximation; efficient market hypothesis; random price behavior; Asset management; Fluctuations; Gaussian distribution; Information analysis; Information security; Investments; Performance analysis;
  • fLanguage
    English
  • Journal_Title
    Microwave Magazine, IEEE
  • Publisher
    ieee
  • ISSN
    1527-3342
  • Type

    jour

  • DOI
    10.1109/MMW.2006.1614226
  • Filename
    1614226