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Random Walk to Nowhere, A: How the Professors Caused a Real Fraud-On-The-Market Hardcover -
by Edward E. Williams; John A. Dobelman
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- Title Random Walk to Nowhere, A: How the Professors Caused a Real Fraud-On-The-Market
- Author Edward E. Williams; John A. Dobelman
- Binding Hardcover
- Pages 196
- Volumes 1
- Language ENG
- Publisher World Scientific Publishing Company
- ISBN 9789811207785 / 981120778X
-
Themes
- Chronological Period: 21st Century
- Chronological Period: 1950-1999
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A Random Walk to Nowhere: How the Professors Caused a Real "Fraud-on-the-Market"
by Edward E Williams
- Used
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- UsedVeryGood
- ISBN 13
- 9789811207785
- ISBN 10
- 981120778X
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Center Moriches, New York, United States
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A Random Walk to Nowhere: How the Professors Caused a Real "Fraud-on-the-Market"
by Dobelman, John A./ Williams, Edward E.
- New
- Hardcover
- Condition
- New
- Binding
- Hardcover
- ISBN 13
- 9789811207785
- ISBN 10
- 981120778X
- Quantity Available
- 1
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Exeter, Devon, United Kingdom
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£71.51£10.00 shipping to USA
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World Scientific Pub Co Inc, 2020. Hardcover. New. 178 pages. 8.00x5.25x1.00 inches.
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£71.51
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Random Walk To Nowhere, A: How The Professors Caused A Real "Fraud-on-the-market"
by Edward E Williams
- New
- Hardcover
- Condition
- New
- Binding
- Hardcover
- ISBN 13
- 9789811207785
- ISBN 10
- 981120778x
- Quantity Available
- 4
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Southport, Merseyside, United Kingdom
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£72.45£9.95 shipping to USA
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Hardback. New. This book is about an intellectual fraud, one that has become part of legal doctrine that has greatly influenced decisions all the way up to the United States Supreme Court. The 'efficient market hypothesis' (EMH), born from the Random Walk theory, started out as an honest attempt to improve insights into how financial markets work, but eventually became almost a religion that every financial economist had to buy into, or risk professional crucifixion. The EMH began over a half century ago. It posits that share prices reflect all available market information, and that it is impossible to consistently outperform the market. This theory dominated research in the academic financial community from the outset, and has continued to do so for decades. Meanwhile, the evidence for above-average profit-making opportunities in the markets has been unfairly suppressed.Written for practitioners in the business, finance and legal industries, this book outlines the major issues that gave rise…
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