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 these
E) none of these

Question

Quizplus · Accepted Answer

The debate over whether markets are efficient involves several issues, including the lucky event issue (which questions whether apparent market efficiency could be due to chance), the magnitude issue (which suggests that any deviations from efficient pricing may be small), and the selection bias issue (which states that studies often focus on successful traders and ignore those who have failed). Thus, all three issues (A, B, and C) contribute to the ongoing debate, and the best answer is D.

The Debate Over Whether Markets Are Efficient Will Probably Never