Alphanomics: The Informational Underpinnings of Market Efficiency

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This monograph is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. We refer to this type of research as "Alphanomics", the informational economics behind market efficiency. The "Alpha" portion refers to the abnormal returns, or financial rewards, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. The "Nomics" refers to the economics of ...

Alphanomics: The Informational Underpinnings of Market Efficiency 2015, now publishers Inc, Hanover

ISBN-13: 9781601988928

Paperback

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