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Meier, Ursina B. - 2006 - 1. Aufl.

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Will only an earthquake shake up economics?

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On the power and weakness of rational expectations : logical fallacies, periodic bubbles and business cycles

Gracia, Eduard - 2012

A popular interpretation of the Rational Expectations/Efficient Markets hypothesis states that, if the hypothesis holds, then market valuations must follow a random walk. This postulate has frequently been criticized on the basis of empirical evidence. Yet the assertion itself incurs what we...