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2017 | OriginalPaper | Chapter

9. Efficient Market Hypothesis

Authors : Tshilidzi Marwala, Evan Hurwitz

Published in: Artificial Intelligence and Economic Theory: Skynet in the Market

Publisher: Springer International Publishing

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Abstract

The efficient market hypothesis (in its varying forms) has allowed for the creation of financial models based on share price movements ever since its inception. This chapter explores the impact of artificial intelligence (AI) on the efficient market hypothesis. Furthermore, it studies theories that influence market efficiency and how they are changed by the advances in AI and how they impact on market efficiency. It surmises that advances in AI and its applications in financial markets make markets more efficient.

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Title: Efficient Market Hypothesis
Authors: Tshilidzi Marwala
Evan Hurwitz
Publisher: Springer International Publishing
Book: Artificial Intelligence and Economic Theory: Skynet in the Market
Print ISBN: 978-3-319-66103-2

Electronic ISBN: 978-3-319-66104-9

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-66104-9_9

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