Implications of efficient market hypothesis

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Reference no: EM1349158

The assignment is about critically evaluating the existing literature on the implications of efficient market hypothesis. I am expected to review both theoretical and empirical literature.

I'm interpretating in a number of ways - I am required to 'critically evaluate the existing literature on the implications of efficient market hypothesis'

Does that mean I should follow the lines of finding literature that critizies / evaluate or anything on EMH and come up with a conclusion of how EMH has been 'affected' by these critics ? Or is it on the lines of behavioural finance.

I have found limited literatures on wikipledia under the section 'critisim and behavioural finance' - 

If you could help by:

1. a guide on how should I approach the question /personal view of answering the question

2 layering an outline and format / approach you would take when attempting to answer the question

3. finding more literatures (both theoretical and empirical ) than those few found on wikipledia

4. answering how these literatures have an implication to EMC
-the views of people working with the finance sector (stockers, bank)
-attitudes of investors and their confidence
- EMH's reliabilty
- whether it has changed or not, compare the past (i.e. before and after economic crisis in 2008

5. telling me what other related issues that you would consider worth note taking and relevant to the question that i haven't explored

Please put a clear references/links behind any theories / literature reviews you have used.

Reference no: EM1349158

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