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Kahneman and Market Efficiency

Markets are not efficient because human beings are not as rational as the Efficient Market Theory requires them to be. As Richard Thaler puts it, investors are Humans, not Econs. Daniel Kahneman is the...

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Faith and Market Efficiency

Chaplin’s mask illusion is a stark illustration of the importance of prior beliefs. People are very sensitive face detectors. We are able to distinguish among a countless number of faces, although most...

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Beauty contests

A few years ago Richard Thaler asked readers of the Financial Times to participate in this game: Choose an integer number between 0 and 100. You win a prize if your number is equal or closest to 2/3 of...

View Article

Kahneman and Market Efficiency

Markets are not efficient because human beings are not as rational as the Efficient Market Theory requires them to be. As Richard Thaler puts it, investors are Humans, not Econs. Daniel Kahneman is the...

View Article

Image may be NSFW.
Clik here to view.

Faith and Market Efficiency

Chaplin’s mask illusion is a stark illustration of the importance of prior beliefs. People are very sensitive face detectors. We are able to distinguish among a countless number of faces, although most...

View Article


Beauty contests

A few years ago Richard Thaler asked readers of the Financial Times to participate in this game:Choose an integer number between 0 and 100. You win a prize if your number is equal or closest to 2/3 of...

View Article

Kahneman and Market Efficiency

Markets are not efficient because human beings are not as rational as the Efficient Market Theory requires them to be. As Richard Thaler puts it, investors are Humans, not Econs. Daniel Kahneman is the...

View Article

Image may be NSFW.
Clik here to view.

Faith and Market Efficiency

Chaplin’s mask illusion is a stark illustration of the importance of prior beliefs. People are very sensitive face detectors. We are able to distinguish among a countless number of faces, although most...

View Article


Beauty contests

A few years ago Richard Thaler asked readers of the Financial Times to participate in this game:Choose an integer number between 0 and 100. You win a prize if your number is equal or closest to 2/3 of...

View Article


Kahneman and Market Efficiency

Markets are not efficient because human beings are not as rational as the Efficient Market Theory requires them to be. As Richard Thaler puts it, investors are Humans, not Econs. Daniel Kahneman is the...

View Article

Image may be NSFW.
Clik here to view.

Faith and Market Efficiency

Chaplin’s mask illusion is a stark illustration of the importance of prior beliefs. People are very sensitive face detectors. We are able to distinguish among a countless number of faces, although most...

View Article

Beauty contests

A few years ago Richard Thaler asked readers of the Financial Times to participate in this game: Choose an integer number between 0 and 100. You win a prize if your number is equal or closest to 2/3 of...

View Article
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