HOW RATIONAL IS THE MARKET? TESTING ALTERNATIVE HYPOTHESES ON FINANCIAL MARKET EQUILIBRIUM

Larry Lang, R.H. Litzenberger and V. Madrigal

Weiss Center Working Papers from Wharton School - Weiss Center for International Financial Research

Keywords: financial market; information; economic equilibrium; competition; economic models (search for similar items in EconPapers)
Pages: 39 pages
Date: 1990
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Working Paper: How Rational is the Market? Testing Alternative Hypotheses on Financial Market Equilibrium
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