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- W2366867156 abstract "Make a review on effective market hypothesis(EMH) and its main anomalies. By classifying the reasons that result in the anomalies, it is pointed out that anomalies with different reasons have different changing characteristics. By making use of behavioral finance theory, EMH is evaluated. The concept of adaptive-efficiency put forward by Daniel and Titman is introduced and analyzed, and the concept of adaptive investment strategy is put forward. The meanings of studying market adaptive efficiency are also discussed." @default.
- W2366867156 created "2016-06-24" @default.
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- W2366867156 date "2005-01-01" @default.
- W2366867156 modified "2023-09-28" @default.
- W2366867156 title "Efficient Market Hypothesis and Market Adaptive-Efficiency" @default.
- W2366867156 hasPublicationYear "2005" @default.
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