TY - GEN TI - Hans-Michael Geiger- Informational Efficiency in Speculative Markets- A Theoretical Investigation : Informational Efficiency in Speculative Markets SN - b14075 PY - 2018/// CY - Bern PB - Peter Lang International Academic Publishing Group KW - Economic theory & philosophy KW - bicssc KW - Behavioural economics KW - Efficiency KW - Geiger KW - Hans KW - INFORM KW - Informational KW - Investigation KW - Markets KW - Michael KW - Speculative KW - Theoretical N1 - Open Access N2 - The purpose of this work is to provide a critical presentation and some extensions of two perspectives of informational efficiency: On the one hand the neoclassical perspective or «arithmomorphic approach» explains efficiency in terms of a concept mainly based on an explicit economic theory. On the other hand, in the Austrian perspective or «causal genetic approach» attention is drawn to the entrepreneurial element of human decision making related to an arbitrage theory of profit which is not traced back to anonymous market forces but rather to incessant discovery of information guided by entrepreneurial alertness UR - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf UR - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf UR - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf UR - https://directory.doabooks.org/handle/20.500.12854/39633 ER -