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Basic Study of Efficient Market Hypothesis and Its Deviations Especially by the Impact of Behavioural Finance

Author(s):

Rakhi Arora , DTU

Keywords:

Impact of behavioral Finance, Market Efficiency

Abstract

Market Efficiency is a useful precursor to assess the performance of markets. Efficient Market Hypothesis was put forward by Professor Eugene Fama who argued that asset prices must necessarily reflect all available information. All three variants of EMH are studied and impact of behavorial finance is discussed. The paper is supplemented by some examples of contradiction.

Other Details

Paper ID: IJSRDV4I60116
Published in: Volume : 4, Issue : 6
Publication Date: 01/09/2016
Page(s): 273-274

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