TY  - BOOK
AB  - The purpose of this work is to provide a critical presentation and some extensions of two perspectives of informational efficiency: On the one hand the neoclassical perspective or «arithmomorphic approach» explains efficiency in terms of a concept mainly based on an explicit economic theory. On the other hand, in the Austrian perspective or «causal genetic approach» attention is drawn to the entrepreneurial element of human decision making related to an arbitrage theory of profit which is not traced back to anonymous market forces but rather to incessant discovery of information guided by entrepreneurial alertness.
DO  - 10.3726/b14075
ID  - OAPEN ID: 1003295
ID  - OAPEN ID: OCN: 1082957253
KW  - Efficiency
KW  - Geiger
KW  - Hans
KW  - INFORM
KW  - Informational
KW  - Investigation
KW  - Markets
KW  - Michael
KW  - Speculative
KW  - Theoretical
L1  - https://library.oapen.org/bitstream/id/f669cb9e-2d89-4928-b501-61907f12e78e/1003295.pdf
LA  - English
LK  - http://library.oapen.org/handle/20.500.12657/26753
PB  - Peter Lang International Academic Publishers
PP  - Bern
PY  - 2018
SN  - 9783631755723
TI  - Hans-Michael Geiger- Informational Efficiency in Speculative Markets- A Theoretical Investigation : Informational Efficiency in Speculative Markets
ER  - 
