The debate over whether markets are efficient will probably never be resolved because of
A) the lucky event issue.
B) the magnitude issue.
C) the selection bias issue.
D) All of the options are correct.
E) None of the options are correct.

Question

Quizplus · Accepted Answer

The debate over market efficiency is complex and involves various issues, including the lucky event issue (where some investors may achieve extraordinary returns purely by chance), the magnitude issue (concerning the size of anomalies or patterns in market prices), and the selection bias issue (where the performance of selected investments may not be representative of the market as a whole). These factors contribute to the ongoing debate and make it difficult to conclusively resolve the question of market efficiency.

The Debate Over Whether Markets Are Efficient Will Probably Never