之前我描述有效率市场假说的时候，对你们说了些假话。
In my description of what it meant to have the Efficient Market Hypothesis.
这些影响是理性预期理论和有效率的市场假说。
These implications are in direct contradiction to the theory of rational expectations and the efficient market hypothesis.
现在需要想一想一个股市的模型是怎样的，我们要用的模型是，基于有效率市场假说的。
Now we need to think about a model of the stock market And the model we're going to use is based on what's called the Efficient Market Hypothesis.
现在需要想一想一个股市的模型是怎样的，我们要用的模型是，基于有效率市场假说的。
Now we need to think about a model of the stock market And the model we're going to use is based on what's called the Efficient Market Hypothesis.
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