Though it is assumed that people act rationally, in some markets, we have seen volatile prices exacerbated by irrational exuberance. Consumers have been caught up in a market frenzy. Hoping that rising prices will make them richer – and expecting prices to keep rising. Developments in the economy, which has resulted in the emergence of a middle income class, taste of luxury goods, influx of foreign investors and a maturing property market has opened the window for investment opportunities in retail developments, thus leading to rise of shopping malls in the country. This some also argue that it affects the local traditional markets in the country. How relevant is this normative narrative.

 

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me other points to consider: h The word limit is 2000 words. A minimum of 5 references is needed for a PASS. Avoid only using web resources and links, unless it is an article you have found on the web and referenced appropriately. • References should in Harvard style Suggested list of contents: 1. Introduction (250-300 word max) 2. Elaboration on the questions you've chosen. ● 11. Explain why that question of interest. Make sure it is scholarly informed What would you say was the impact? 3. Conclusion/recommendation 4. List of references me other points to consider: h The word limit is 2000 words. A minimum of 5 references is needed for a PASS. Avoid only using web resources and links, unless it is an article you have found on the web and referenced appropriately. • References should in Harvard style Suggested list of contents: 1. Introduction (250-300 word max) 2. Elaboration on the questions you've chosen. ● 11. Explain why that question of interest. Make sure it is scholarly informed What would you say was the impact? 3. Conclusion/recommendation 4. List of references

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ANSWER Academic finance has changed significantly from the era when it was commonly believed that the efficient markets theory was unquestionably supported One of the most important research programs ... View the full answer