Monthly Archives: September, 2009
Development of the Efficient Market Hypothesis
We will keep this article short, in order to better recommend a longer but excellent article about the Efficient Market Hypothesis (EMH), which tracks its evolution through Fama & French and Black-Scholes, and questions its future, addressing crises and behavioral economics. We do believe it has a future, despite its being out of vogue as [...]
PreTweeting
While we still mourn the loss of Predictify, we are happy to announce a new form of Prediction Market: PreTweeting.com. Most of our readers will be familiar with, if not users of, Twitter. Many of our readers will also be itching to find new Prediction Markets to invest with (well, that might just be us). [...]
Nudge – A Brief Review
Nudge is a thought-provoking new book by Richard Thaler and Cass Sunstein. Being a fan of Thaler’s we kept reading past the point where they introduce the name for their new concept: Libertarian Paternalism, despite growing apprehension. It turned out to be worth it. Libertarian Paternalism remains somewhat true to both terms, at least as [...]
What went wrong with Economics
Since we reported on the prescience of The Economist, and how they had been able to foresee the housing crash better than most, it is only fitting that they have their own commentary on what was foreseen, what wasn’t, and how the discipline of economics faired in the build up to this financial crisis. As [...]
