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- W2376402169 abstract "The Efficient Market Hypothesis and the Modern Portfolio Theory, based on the hypotheses of rational expectation etc, are main stream theories in the field of finance research. Since 1980s', however, the developing theories of behavioral finance and non linear economics have brought forward serious challenges to EMH and MPT. In this article, after release the strict hypothesis of rational expectation, the author explains the mechanism of chaos behavior of stock price by refining the expression of near rational expectation and exclaims some ideas according to the notion of near rational expectation to improve the efficiency of China's stock market." @default.
- W2376402169 created "2016-06-24" @default.
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- W2376402169 date "2001-01-01" @default.
- W2376402169 modified "2023-09-28" @default.
- W2376402169 title "Expectation and Price Behavior of Finance Market" @default.
- W2376402169 hasPublicationYear "2001" @default.
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