Authors: Sukanto Bhattacharya
The efficient market hypothesis based primarily on the statistical principle of Bayesian inference has been proved to be only a special-case scenario. The generalized financial market, modeled as a binary, stochastic system capable of attaining one of two possible states ...
Comments: 7 pages.
[v1] 19 Apr 2010
Unique-IP document downloads: 117 times
Add your own feedback and questions here:
You are equally welcome to be positive or negative about any paper but please be polite. If you are being critical you must mention at least one specific error, otherwise your comment will be deleted as unhelpful.