Behavioral Finance

Other Course , Prof. Steven Keen

185 students enrolled

Lecture 8: Keen Behavioural Finance 2011 Lecture 04 Actual Finance Markets Behaviour Part 2

Up Next
You can skip ad in
SKIP AD >
Advertisement
      • 2x
      • 1.5x
      • 1x
      • 0.5x
      • 0.25x
        EMBED LINK
        COPY
        DIRECT LINK
        PRIVATE CONTENT
        OK
        Enter password to view
        Please enter valid password!
        0:00
        0 (0 Ratings)

        Lecture Details

        Eugene Fama was an enthusiastic promoter of CAPM and the Efficient Markets Hypothesis, arguing that despite their absurd assumptions, the data supported the theories. But was this a fluke, the result of the narrow data range he used--from 1950 till 1966?He has since disowned the theory in 2004, stating that "the theory has never been an empirical success", and that "most applications of the theory are invalid". But somehow these honest statements dont seem to have made it into the finance textbooks.

        LECTURES



        Review


        0

        0 Rates
        1
        0%
        0
        2
        0%
        0
        3
        0%
        0
        4
        0%
        0
        5
        0%
        0

        Comments Added Successfully!
        Please Enter Comments
        Please Enter CAPTCHA
        Invalid CAPTCHA
        Please Login and Submit Your Comment

        LECTURES