Fama, the most important proponent of the efficient markets hypothesis, denies that bubbles exist.

Finance theorists have written reams on the consequences of the failure of the efficient markets hypothesis.

And the efficient market hypothesis that he championed cannot be blamed, because most investing is done by active managers who don t believe that markets are efficient.

This belief justified, or rationalized, the de regulation of financial markets in the name of the so called efficient market hypothesis.

After all, many people here have been teaching the efficient markets hypothesis that financial markets around the world have become so competitive that it is impossible to make more than a normal return from investing.

Thatcher was referring specifically to the dangers of fixed exchange rates, and can certainly not be counted as one of the principal architects of the so called efficient markets hypothesis.

Markets might once have been fairly efficient, before we had the theory of efficient markets.

After all, many people here have been teaching the efficient markets hypothesis that financial markets around the world have become so competitive that it is impossible to make more than a normal return from investing. Anyone who beats the market must simply be lucky.

Unfettered markets are neither efficient nor stable.

All of this is relevant to financial markets because the efficient market hypothesis the dominant paradigm in finance assumes that everyone has perfect information, and therefore that all prices express the real value of goods for sale.

Economists working on the border of economics and psychology, for example, argued that behavioral finance, in which human foibles are brought to bear to explain the failure of the so called efficient markets hypothesis, would be given more prominence.

Its objective is to develop efficient bond markets in Asia.

Genetics The thrifty gene hypothesis (also called the famine hypothesis) states that in some populations the body would be more efficient at retaining fat in times of plenty, thereby endowing greater resistance to starvation in times of food scarcity.

Our collective belief that markets are efficient helped make them wildly inefficient.

Arguably the elements of the conventional intellectual toolkit found most wanting are the capital asset pricing model and its close cousin, the efficient market hypothesis.

Somehow, all this talk about efficient markets has not discouraged him from trying, and succeeding.

They provided a highly efficient means of obtaining information about markets, suppliers, and sources of finance.

One of its leading deities is the efficient market hypothesis the belief that the market accurately prices all trades at each moment in time, ruling out booms and slumps, manias and panics.

They will form an hypothesis, collect and consider information and revisit their hypothesis as they evaluate their data.

We should not focus attention exclusively on economists, however. Arguably the elements of the conventional intellectual toolkit found most wanting are the capital asset pricing model and its close cousin, the efficient market hypothesis.

An alternative hypothesis, which seems to fit the facts, recently emerged from the Paul Woolley Centre for the Study of Dysfunctionality in Capital Markets, at the London School of Economics.

He is surrounded by academics. Somehow, all this talk about efficient markets has not discouraged him from trying, and succeeding.

And it will enable other markets for everything from lawnmowers to clothing, handbags, and cooking equipment to become more efficient.

Modern and efficient infrastructure can also allow small producers in both urban and rural sectors to benefit from regional markets.

Efficient transport and trade facilitation provided the background for increased competitiveness of developing countries and allowed access to global markets.

The dominant efficient markets theory says only that markets reflect what is publicly known, and that it is hard to make money off markets consistently something verified by the hit that most investor portfolios took in the crisis.

In the run up to the crisis, experts loudly claimed that efficient financial markets could be safely left to regulate themselves.

Household savings are also encouraged by efficient capital markets, prudent fiscal and monetary policies, a strong legal system and good governance.

This line of reasoning assumes that markets are perfectly efficient. If they go wrong, it must be because of mistakes in policy.

The so called efficient markets model, which holds that prices fully and efficiently reflect all available information, also came in for a trashing.

The fact is that we need fewer efficient markets theorists and more people who work on microstructure, limits to arbitrage, and cognitive biases.

A perfect storm is forming in the foreign exchange markets that threatens to catapult the euro to levels that will make even the euro zone s most efficient exporter Germany unable to compete in world markets.

This hypothesis may soon get a real world test.

Recent evidence is at least consistent with that hypothesis.

Today s accepted wisdom is that markets are optimally balanced whatever their state, meaning that no government intervention or regulation would be efficient or desirable.

This hypothesis is supported by clinical trials and other studies.

In classical computer aided translation, the translation system may suggest one translation hypothesis in the best case, and then the user is required to post edit such hypothesis.

Cochrane accuses Krugman of misleading his readers about the efficient market theory, which asserts that, given the available information, financial markets always get asset prices right.

Not only are these assumptions absurd, but so are the conclusions there is no involuntary unemployment, markets are fully efficient, and redistribution has no real consequence.

The first days of the conflict in Georgia crushed this hypothesis.

Empirical evidence yields no clear answer concerning which hypothesis is correct.

Management entrenchment is a hypothesis for anti takeover in corporate business.

This hypothesis must be further investigated with the greatest possible care.

Improving the access to markets of local forest sector producers is perhaps one of the most efficient ways to promote trade driven development that reaches the poor.

How will we go about testing the hypothesis I am my connectome?