Such a rule is not likely to improve private investment decision-making or promote more efficient markets.
ABMs, in contrast, make no assumptions about the existence of efficient markets or general equilibrium.
The key to the company is its scalable, technologically advanced and efficient markets.
FORBES: Despite Fourth Quarter Weekness, ICE Shares Take Off
Indeed, there are theories out there like the efficient markets hypothesis which say that we cannot in fact predict them.
FORBES: Posner's FDA for Financial Innovation: A Truly Terrible Idea
Our customers say they come back to us because we provide the most liquid and cost-efficient markets in the world.
Moreover, as we move towards efficient markets for products and services, global trade is expected to grow in the coming years.
FORBES: UPS Delivers Growth But Looks Like Even Money At $85
The bottom line is that when it comes to kilowatts, technology is not a substitute for efficient markets and well-structured regulations.
None of these objections challenges the use of the efficient markets hypothesis.
ECONOMIST: The efficient markets hypothesis can land you in jail
The Efficient Markets Hypothesis (EMH) says that markets are efficient at processing information about what prices should be in a market.
FORBES: Facebook Slumps As Lock In Expires: Shouldn't The EMH Have Prevented This?
These are things that might indeed be efficient markets but there are perhaps moral reasons why we should not allow markets in them.
First, high levels of intellectual-property protection were seen by Chicagoans as a key (for some, the key) to their vision of free and efficient markets.
In reality, some countries take many generations to acquire efficient markets.
In Hong Kong's efficient markets, prices then adjust with astonishing speed.
In this classic role, the market maker promotes efficient markets.
At the other end of the spectrum are proponents of modern portfolio theory and efficient markets, academicians like Burton Malkiel of Princeton University and Eugene Fama of The University of Chicago.
Malkiel was in essence embracing the efficient markets theory that says fund managers as a group cannot outperform the market, so investors who pay big commissions and other management expenses are cheating themselves.
Earlier this week, Cutler finalized a multiyear investigation into trading practices by specialists on the New York Stock Exchange, bringing civil charges against 20 individuals and scolding the NYSE for failing to police those traders, who are supposed to make efficient markets in listed stocks.
These theories have recently become suspect, with the correlated market declines that wreaked havoc on efficient markets, causing broad-based distortions in prices across most asset classes: the sovereign debt of Greece, Italy, Portugal, Spain and Ireland, the equities of European and domestic banks, high-yield and corporate bonds and emerging-market and domestic equities.
It was Burton Malkiel, author of A Random Walk Down Wall Street , the classic on efficient financial markets.
You know, graduates, that efficient financial markets are sort of a special case of what some economists call rational expectations.
But there is little doubt that the reforms have speeded the development of deeper and more efficient financial markets in the countries concerned.
Specifically, Paulson wants to see stronger and more efficient capital markets in China, increased domestic consumption and more exports from the U.S. to China.
Because they are all inter-related, and innovation and job creation are only possible with capital formation, which in turn is a function of fair and efficient capital markets.
FORBES: How A Shortage Of Analysts Is Hampering The IPO Market
According to Paulson, if Beijing works to establish competitive and efficient capital markets, this will then lay the groundwork for a currency that is in fact market determined.
As a result of these changes, several trends are emerging, including movement toward outcome-based payments, higher labor productivity, decreased demand for hospital-based care and better, more efficient consumer markets.
FORBES: How Three Federal Initiatives Are Set To Transform U.S. Health Care
Efficient capital markets have never been allowed to develop.
The major components to the education ecosystem include availability of affordable educational resources, discovery vehicles (comprehensive and efficient search), curriculum (goal) management, personal learning networks (social), facilitators, assessment, certification, auditing, efficient labor markets, and more.
"Never has it been more essential to find collective solutions to ensure stable and efficient financial markets and restore the health of the world economy, " U.S. Treasury Secretary Henry Paulson said in remarks following the meeting with his counterparts.
According to my ninth book, Capital Rising, co-authored with Srini Rangan, the EE consists of four key elements: transparent and efficient financial markets, reliable and effective corporate governance systems, human capital development systems, and clear and supportive intellectual property protection laws.
This means that more efficient banks will inevitably get a bigger share of the cake in concentrated markets, such as Britain, and buy weaker, less efficient competitors in fragmented markets such as America.
应用推荐