TY - BOOK AU - Stefan Palan PY - 2004 CY - München, Germany PB - GRIN Verlag SN - 9783638333528 TI - The Efficient Market Hypothesis and its Validity in Today's Markets DO - 10.3239/9783638333528 UR - https://www.hausarbeiten.de/document/32694 N2 - This Master Thesis gives an overview of the research into the efficient market hypothesis from its first days in the 1950s to the present. The discussion of theoretical models and concepts is being complemented by a review of relevant empirical evidence from international capital markets. The thesis is completed by a brief outlook on newer research venues, including models employing behavioural finance approaches. KW - efficient, market, hypothesis, validity, today, markets LA - English ER -