The hypothesis also suggests that any new information that is released is immediately and accurately reflected in the price of a stock. Eugene Fama & the origin of the efficient market hypothesis ...

The theme of this year's award "Trendspotting in asset markets," and the Nobel committee pointed to Fama's ground-breaking work advancing the Efficient Market Hypothesis (EMH). "Beginning in the ...

For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton Friedman’s ideas on monetary policy and Gary Becker’s theory of human capital to ...