Why are supporters of the efficient markets hypothesis unconvinced that differences between the theoretical and actual behavior

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Why are supporters of the efficient markets hypothesis unconvinced that differences between the theoretical and actual behavior of financial markets actually invalidate the hypothesis?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 07:58 AM

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Why are supporters of the efficient markets hypothesis unconvinced that differences between the theoretical and actual behavior

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The basic conclusion of the efficient markets hypothesis is ...View the full answer

Money, Banking, and the Financial System

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