Modern Financial Market Theory – A Critique Based on the Logic of Human Action

The modern financial market theory (MFMT) – based on the efficient market hypothesis, rational expectation theory, and modern portfolio theory – has become the standard approach in financial market economics. In this article, the MFMT will be critically reviewed using the logic of human action (or:...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Credit and capital markets (Berlin) 2021, Vol.54 (3), p.447-467
1. Verfasser:	Polleit, Thorsten
Format:	Artikel
Sprache:	eng
Schlagworte:	Austrian Economics Capital Asset Pricing Model Capital assets Capital markets Decision making Economic Methodology Economics Efficient Market Hypothesis Efficient markets Epistemology Financial market Hypotheses Investments Logic Logic of human action Modern Portfolio Theory Preferences Rational Expectation Theory Scientific method Securities markets
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!