| Neoclassical
Finance |
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| • | Key
Assumptions: |
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| – | There
are enough well financed smart investors |
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close arbitrage opportunities |
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| – | Such
arbitrageurs are rewarded which means |
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| that
there must always be profit opportunities in |
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| the
market |
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| – | A
theory of ‘sharks’ NOT a theory of rational |
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| man |
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