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3330%20optional - Please refer to empirical evidence...

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Cornell University Fall 2009 Economics 3330: Optional Assignment Due 11/30/09 “Are markets efficient?” The optional assignment is to write a brief essay of no more than three type-written pages answering this question. The essay should address the definitions of market efficiency, including but not limited to the efficient market hypotheses and the optimal allocation of capital.
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Unformatted text preview: Please refer to empirical evidence discussed in class and presented in the text. It is not necessary to use other sources, but if you do, please cite them appropriately. Essays must be typed; handwritten ones will not be accepted. The grade on the essay can be used to replace a problem set grade. (This is in addition to the automatic dropping of the lowest grade.)...
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