The Efficient Market Hypothesists: Bachelier, Samuelson, Fama, Ross, Tobin and Shiller
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.
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The First Physicist Financial Theorist
Section 2 Paul Samuelsons Random Walk
Section 3 Eugene Famas Efficient Market Hypothesis
Section 4 Stephen Ross and Arbitrage Pricing Theory
Section 5 James Tobin and a New Policy