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I don't know. We've seen the idea of rational agents in economics go away, right? Also...I'm not an economist so I don't really know what's going on in this ar
by jbrechtel 14y ago
I don't know. We've seen the idea of rational agents in economics go away, right?
Also...I'm not an economist so I don't really know what's going on in this area...but maybe EMH is still being taught because it's the best model we have at the moment?
Are you sure it's being taught everywhere? Maybe some places have already dropped it? Change takes time.
- confluence 14y agoRational actor model still reigns supreme. EMH is taught globally and it will continue to be taught until such a point as people stop believing.
- jbrechtel 14y agoAwkward...
- confluence 14y agoWhat do you mean?