In Order to Test the Strong Form of Market Efficiency,researchers

question 36

Multiple Choice

In order to test the strong form of market efficiency,researchers have examined the:
I.recommendations of professional security analysts;
II.performance of mutual funds;
III.performance of pension funds

• A)I only
• B)I and II only
• C)I,II,and III
• D)II and III only

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Definitions:

Negative Reinforcer

A stimulus whose removal following a behavior increases the likelihood of that behavior being repeated in the future.

Positive Reinforcer

Any stimulus that, when presented after a behavior, increases the likelihood of that behavior being repeated in the future.

Punisher

A stimulus or event that follows a behavior and decreases the likelihood of that behavior occurring in the future.

Self-Modification

The process through which individuals change their behavior or self-perception through self-determination and personal effort.