Financial Market Bubbles and Crashes, Second Edition by Harold L. Vogel

Author:Harold L. Vogel
Language: eng
Format: epub
ISBN: 9783319715285
Publisher: Springer International Publishing

54Fabozzi et al. (2014, pp. 7–10).

55On probabilistic predictions, Fischer Black in Black (1986) wrote “Noise makes it very difficult to test either practical or academic theories about the way that financial or economic markets work. We are forced to act largely in the dark.”

56See also Lo and Merton (2009) and Fabozzi et al. (2014).

© The Author(s) 2018

Harold L. VogelFinancial Market Bubbles and Crashes, Second Editionhttps://doi.org/10.1007/978-3-319-71528-5_6

6. Rationality Rules

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.