What is the basic assertion of the efficient capital market theory? What are the implications of an "efficient market" for:
Definitions:
Existential Therapies
A category of psychotherapeutic approaches that focus on individual free will, self-determination, and the search for meaning within the human experience.
Responsibility
Being in a position where you have obligations to manage a situation or govern over an individual.
Reality Therapy
A form of therapy focusing on personal responsibility and focusing on the present rather than the past to solve current problems.
Cognitive
Pertaining to mental processes such as thinking, reasoning, memory, and problem-solving.
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