Model for sequential dynamic competition between random investment portfolios and portfolios selected by collective expert opinions

Marchev, Angel: Model for sequential dynamic competition between random investment portfolios and portfolios selected by collective expert opinions. Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009. pp. 579-598. (2010)

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Abstract

This paper discusses the issue of market efficiency and proposes an approach for its empirical testing. The essence of the methodology is comparing expert opinions with randomly selected portfolios and implementing all the good practices of Delphi method for conducting an expert survey. The proposed approach also shares some similarities with the idea of prediction markets. The approach is yet to be validated empirically.

Item Type: Article
Journal or Publication Title: Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Date: 2010
Page Range: pp. 579-598
ISBN: 978-963-06-9558-9
Uncontrolled Keywords: Piaci hatékonyság, Pénzügy
Additional Information: Bibliogr.: p. 597-598. ; összefoglalás angol nyelven
Date Deposited: 2019. Apr. 25. 09:24
Last Modified: 2019. Apr. 25. 09:24
URI: http://acta.bibl.u-szeged.hu/id/eprint/57826

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