Are unregulated financial institutions the new home of the…
Because a strong form of market efficiency such as this view espouses has never been proven, we, at top business schools admit that a market can display even within a day all shades ranging from professionally based prices to chaotic or “collective madness”.
Another explanation lies in games theory summarised in the phrase “it is a zero sum game”. That is some win while others lose. For every seller there is a buyer who profits and vice versa.
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