Posts tagged Thaler

Create An Endowment Effect

Professor Richard Thaler just gave his Nobel lecture.  He is a pioneer in behavioural economics.  Often times, behavioural economics flies in the face of classical economics.  However, there are some pieces of behavioural economics that are really interesting to think …

Efficient Market Hypothesis-Validated

There is a lot of controversy around Gene Fama’s Efficient Market Hypothesis(EMH). He published the first paper on it in the early 1960’s. Many sharpshooters have tried to debunk it. Jeremy Siegel from the University of Pennsylvania’s Wharton School is …