Why Financial Markets Will Remain Marginally Inefficient?

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dc.creatorZhang, Yi-Cheng
dc.date2001-05-18
dc.date.accessioned2026-07-07T12:06:34Z
dc.date.available2026-07-07T12:06:34Z
dc.descriptionI summarize the recent work on market (in)efficiency, highlighting key elements why financial markets will never be made efficient. My approach is not by adding more empirical evidence, but giving plausible reasons as to where inefficiency arises and why it's not rational to arbitrage it away.
dc.description5 pages, 1 figure. based on a speech at Tokyo Econophysics Meeting, Nov 14th 2000
dc.identifierhttps://arxiv.org/abs/cond-mat/0105373
dc.identifierhttp://arxiv.org/abs/cond-mat/0105373
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/208691
dc.subjectDisordered Systems and Neural Networks
dc.subjectTrading and Market Microstructure
dc.titleWhy Financial Markets Will Remain Marginally Inefficient?
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