Review on Efficiency and Anomalies in Stock Markets

Review on Efficiency and Anomalies in Stock Markets

The efficient-market hypothesis (EMH) is one of the most important economic and financial hypotheses that have been tested over the past century. Due to many abnormal phenomena and conflicting evidence, otherwise known as anomalies against EMH, some academics have questioned whether EMH is valid, an...

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Bibliographic Details
Main Authors: Kai-Yin Woo, Chulin Mai, Michael McAleer, Wing-Keung Wong
Format: Article
Language:English
Published: MDPI AG 2020-03-01
Series:Economies
Subjects:
market efficiency
emh
anomalies
behavioral finance
winner–loser effect
momentum effect
calendar anomalies
bm effect
the size effect
disposition effect
equity premium puzzle
herd effect
ostrich effect
bubbles
trading rules
technical analysis
overconfidence
utility
portfolio selection
portfolio optimization
stochastic dominance
risk measures
performance measures
indifference curves
two-moment decision models
dynamic models
diversification
behavioral models
unit root
cointegration
causality
nonlinearity
covariance
copulas
robust estimation
anchoring
Online Access:https://www.mdpi.com/2227-7099/8/1/20

Internet

https://www.mdpi.com/2227-7099/8/1/20

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