Which of these are reasons why people do not accept the efficient market hypothesis?
I.Optical illusions
II.Normal profits
III.Earnings surprises
IV.Market bubbles
A)III and IV only
B)I and III only
C)II and IV only
D)I,II,and IV only
E)I,III,and IV only

Question

Quizplus · Accepted Answer

Market bubbles and earnings surprises are phenomena that suggest markets are not always efficient. Optical illusions are used as an analogy for cognitive biases that can lead to market inefficiencies.

Which of These Are Reasons Why People Do Not Accept