Re: 不懂数学的人创造了数学神话 ——关于完美市场假设# Economics - 经济
j*e
1 楼
it depends on your horizon (or time perspective): in a volatile
market environment, the decision makers face overwhelming amount
of information, and more importantly survival of the entities
they are responsible. As such, capital allocation is rarely
on top of their priority list. Consequently, the free market
doesn't provide any quidance on short term efficient allocation
of resources. As a matter of fact, people argue that the opposite
is true often times.
But it is generally accepted that ove
market environment, the decision makers face overwhelming amount
of information, and more importantly survival of the entities
they are responsible. As such, capital allocation is rarely
on top of their priority list. Consequently, the free market
doesn't provide any quidance on short term efficient allocation
of resources. As a matter of fact, people argue that the opposite
is true often times.
But it is generally accepted that ove
