Monday, August 24, 2009

The Psy-Fi Blog: The Special Theory of Behavioural Finance

While this maybe a bit strong, the piece will definitely be required reading for my Behavioral Finance Class this semester.The Psy-Fi Blog: The Special Theory of Behavioural Finance: "The Efficient Market Hypothesis (EMH) enshrines the spurious quest for precision...The beauty of classical financial economics is that it allows just this sort of modelling – once you've made the necessary

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