Which of the Following Are Conditions That Andrei Shleifer Presents

question 47

Multiple Choice

Which of the following are conditions that Andrei Shleifer presents as the conditions that create market efficiency?

• A)Arbitrage,independent deviations from rationality,rationality
• B)Competition,arbitrage,and rational investors
• C)Rational investors,dependent deviations from rationality,and competition
• D)Wide public access to information,rational investors,and arbitrage
• E)Professional investors,easy access to information,rational independent investors

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Definitions:

Basic Research

Fundamental research aimed at increasing the scientific knowledge base without necessarily aiming for immediate practical application.

Applied Research

Research aimed at solving practical problems rather than acquiring knowledge for knowledge's sake.

Alternative Explanations

Different interpretations or reasons for observed phenomena, considered during the analysis to ensure accurate conclusions.

Illusory Correlations

The perception of a relationship between two variables even when no such relationship exists.