Showing 1 - 2 of 2
Motivated by the recently evolutionary economic theories, we propose to study market efficiency from an informational entropy viewpoint. The basic idea is that, rather than being an all-or-none concept as in classic economic theories, market efficiency changes over time and over time horizons....
Persistent link: https://www.econbiz.de/10010582645
Persistent link: https://www.econbiz.de/10009633350