有效市场假设 meaning in English
efficient market hypothesis (emh)
efficient-market hypothesis (emh)
Examples
- Conduct finance query the effective market hypothesis
行为金融对有效市场假设的质疑 - Second , i make some empirical research on the influence of important policies on investors and explain it with the theory of bf . i also bring forward some policy recommendation that government should make clear their roles and regulation institution should not control stock index directly and should try to reduce the impact of policy on market to the greatest degree . third , i make some positive research on herd behavior
本论文的前四章首先分析了有效市场假设的含义、理论基础，指出了其与市场不符的异象；然后提出了行为金融对主流金融理论的质疑，分析了行为金融理论对人类决策行为特点和认知偏差的认识，并运用该理论对异象进行了解释；最后分析了行为金融的几个主要理论模型，分别是期望理论、行为资产定价模型和行为金融组合理论。 - First , in the article , the author analyses the three backgrounds of human capital financial theory - human capital theory , existed financial management theory , the differentice of two rights ' disattachment , and puts forward three postulates of human capital finance theories , there are ratipnal financing principal postulate , continuing postulate , multilateral efficient market postulate . on the basis , the author puts forward human capital owners " financial theory and human capital operators " financial theory , making use of existed financial theories
在本文中，首先分析了人力资本财务论产生的三大背景：人力资本产生的理论基础、现有的财务学理论基础、两权分离环境的变化，提出了人力资本财务的三大假设：理性理财主体假设、持续经营假设、多维有效市场假设，在此基础上，借鉴现有的财务理论基础，提出了人力资本所有者财务论和人力资本经营者财务论。 - The stock market in our country is influenced greatly by policy ; individual investors are in a great proportion in this market ; the exchange rate and p / e of stocks are comparatively much higher ; information asymmetry is also very serious . for the reasons mentioned above , the modern finance theory which is based on emh is not a appropriate tool to analyze this market
对于我国这样一个素有“政策市”之称，投资者中个人投资者占绝大多数比重，有着较高换手率和市盈率，且信息严重不对称的新兴股票市场，用基于投资者完全理性和有效市场假设的主流金融理论去研究并不是很合适。