Reference no: EM132148525

Question: Please discuss the validation or failure of the theory of efficient markets and behavioral finance given the "Credit Crunch" or global financial crisis of 2007-2009.

Your initial post must be in your own words, be a minimum of 450 words in length, and be supported with a reference. Post at least two peer responses further discussing and exploring the materials covered this week. Peer responses should be a minimum of 200 words.

Students should demonstrate their own knowledge in the forums and avoid copying and pasting from web sites. Responses will be graded directly from the Forums.

Make sure you are using credible sources in your discussions and assignments. Scholarly journals are the preferred source of credible/quality references. These consist of peer-reviewed articles published in academic journals related to the field, which are found via our Library. Websites such as Investopedia, ask.com, answers.com, or dictionary-type of websites limit the insight to the topics. Wikipedia is not acceptable as it is not a reliable or credible source of reference. The purpose is to bring in new information and how does it apply to our topic from a real-world perspective, instead of extending on definitions that are found in the book.