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Watch this Youtube Video: Are Markets Efficient? Two economic scholars, Chicago Booth facultyNobel laureates Eugene F. Fama and Richard H. Thalerdiscuss how markets behave (and
Watch this Youtube Video: Are Markets Efficient? Two economic scholars, Chicago Booth facultyNobel laureates Eugene F. Fama and Richard H. Thalerdiscuss how markets behave (and misbehave). Afterwards, answer the following questions:
- Do market prices generally reflect all available information? Or are they prone to bubbles? What does Fama say? What does Thaler say?
- What are your thoughts? Based on this video, are markets efficient? Support your position with statements from this video. Provide citation if other sources were used.
https://www.youtube.com/watch?v=bM9bYOBuKF4&t=3s
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