Because it bases statistical significance directly on trading strategies, the approach allows us to measure the degree of market friction needed to account for this statistical significance. I find that market frictions provide adequate explanation.It is also one of the major motivations for this dissertation to propose a game- theoretic version of the hypothesis and test it with ... In contrast to fundamental analysis, technical analysis does not utilize economic fundamentals such as earnings, anbsp;...
|Title||:||A Study of Autocorrelations and Other Lead-lag Effects Using Game-theoretic Efficient Market Hypotheses|
|Publisher||:||ProQuest - 2008|