The Efficient Market Hypothesists [electronic resource] : Bachelier, Samuelson, Fama, Ross, Tobin and Shiller /
Read, Colin.author.
Describes the lives, theories, and legacies of six great minds in finance who changed the way we look at financial markets and equilibrium. Bachelier, Samuelson, Fama, Ross, Tobin, and Shiller; proponents and critics of the market efficiency theories who redefined modern finance, creating the foundation on which all financial analysis rests.
Description based upon print version of record.
Cover; Contents; List of Figures; Preface to the Great Minds in Finance series; 1 Introduction; Section 1 Louis Bachelier: The First Physicist Financial Theorist; 2 The Early Years; 3 The Times; 4 The Theory; 5 Discussion and Applications: Einstein and Bachelier; 6 Life and Legacy; Section 2 Paul Samuelson's Random Walk; 7 The Early Years; 8 The Times; 9 The Theory; 10 Discussion and Applications; 11 The Nobel Prize, Life, and Legacy; Section 3 Eugene Fama's Efficient Market Hypothesis; 12 The Early Years; 13 The Times; 14 The Theory; 15 Discussion and Applications; 16 Life and Legacy
Section 4 Stephen Ross and Arbitrage Pricing Theory17 The Early Years; 18 The Times; 19 The Theory; 20 Discussion and Applications; 21 Life and Legacy; Section 5 James Tobin and a New Policy; 22 The Early Years; 23 The Times; 24 Tobin's Efficient Market Paradigm; 25 Discussion and Applications; 26 The Nobel Prize, Life, and Legacy; Section 6 Robert Shiller and Irrational Exuberance; 27 The Early Years; 28 The Times; 29 The Theory; 30 Discussion and Applications; 31 Life and Legacy; Section 7 What We Have Learned; 32 Combined Contributions; 33 Conclusions; Glossary; Notes; Index
Includes bibliographical references and index.
Describes the lives, theories, and legacies of six great minds in finance who changed the way we look at financial markets and equilibrium. Bachelier, Samuelson, Fama, Ross, Tobin, and Shiller; proponents and critics of the market efficiency theories who redefined modern finance, creating the foundation on which all financial analysis rests.
Finance—History.
Europe—History.
Accounting.
Bookkeeping .
Business enterprises—Finance.
Economics.
Management science.
Banks and banking.
Financial History.
European History.
Accounting/Auditing.
Business Finance.
Economics, general.
Banking.