Efficient Markets

Video Lectures

Efficient Markets I

Watch the video: Part I of Efficient Markets (00:10:00)

Description: This video lecture presents an overview of the theory of market efficiency and an example of the Space Shuttle Challenger disaster.

 

Efficient Markets II

Watch the video: Part II of Efficient Markets (01:20:00)

Description: This video lecture explores behavioral finance, why people avoid uncertainty, the link between rationality and human emotion, and human preferences for decision-making. Discussion and simulations frame the adaptive markets hypothesis and its implications.

 

Efficient Markets III

Watch the video: Part III of Efficient Markets (00:42:00)

Description: This video lecture presents the limitations of CAPM and the practical implications of the adaptive markets hypothesis. Applications of the adaptive markets hypothesis are then placed in context of the economic crisis in 2008.

 

Slides

Efficient Market Slides 1–26 (PDF)

  • Video for Part I of Efficient Markets covers slides 1–9
  • Video for Part II of Efficient Markets covers slides 9–23
  • Video for Part III of Efficient Markets covers slides 20–26

 

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