haku: @journal_id 1343 / yhteensä: 429
viite: 320 / 429
| Tekijä: | Tung, Y. A. Marsden, J. R. |
| Otsikko: | Tests of market efficiencies using experimental electronic markets |
| Lehti: | Journal of Business Research
1998 : FEB, VOL. 41:2, p. 145-151 |
| Asiasana: | MARKETS MODELS EFFICIENCY |
| Kieli: | eng |
| Tiivistelmä: | The overall efficient markets hypothesis (EMH) has been divided into three categories: 1. weak form EMH, 2. semi-strong EMH, and 3. strong form EMH. A study takes advantage of recent technological advances and provides a controlled environment for performing investigations of market trader behavior and market efficiency. The results show a positive relationship between information quality and trading profits in a market, evidence supporting the semi-strong EMH. |
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