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The thesis provides a comprehensive overview of the efficient market hypothesis, tracing its evolution from the 1950s to contemporary research. It discusses various theoretical models and concepts, supported by empirical evidence from international capital markets. Additionally, the work explores emerging research areas, particularly those integrating behavioral finance approaches, offering insights into how investor psychology influences market efficiency.
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The Efficient Market Hypothesis and its Validity in Today's Markets, Stefan Palan
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- 2007
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