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1_53 Efficient Capital Markets A Review of Theory and Empirical Work by Eugene F. Fama教程.pdf

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Efficient Capital Markets: A Review of Theory and Empirical Work Eugene F. Fama The Journal of Finance, Vol. 25, No. 2, Papers and Proceedings of the Twenty-Eighth Annual Meeting of the American Finance Association New York, N.Y. December, 28-30, 1969. (May, 1970), pp. 383-417. Stable URL: /sici?sici=0022-10822925%3A2%3C383%3AECMARO%3E2.0.CO%3B2-V The Journal of Finance is currently published by American Finance Association. Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at /about/terms.html. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /journals/afina.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. For more information regarding JSTOR, please contact support@. Sun Apr 8 09:40:41 2007