English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This paper reviews the theory of market microstructure rigorously with the objective to relate it to the rationality as defined by the economic maxims and as defined by Fama, efficient market hypotheses and to infer what the theory has to say about the opportunity to beat the stock markets.   It was found that the concept of rationality as defined by the economic maxims is inherent in dealer’s optimization problem, multiple provider of liquidity and the information based model.  While the concept of rationality as defined by Fama is embedded in the later development in information based model that considers private information as another source of risk for non informed investors.  Efficient market hypotheses is linked to the dealer’s optimization problem and information based model

international journal of business and management

Market Microstructure: Rationality As Defined By The Economic Maxims And Rationality As Defined By Fama, Efficient Market Hypotheses And Opportunity To Beat Share Markets