TY - BOOK AB - The purpose of this work is to provide a critical presentation and some extensions of two perspectives of informational efficiency: On the one hand the neoclassical perspective or «arithmomorphic approach» explains efficiency in terms of a concept mainly based on an explicit economic theory. On the other hand, in the Austrian perspective or «causal genetic approach» attention is drawn to the entrepreneurial element of human decision making related to an arbitrage theory of profit which is not traced back to anonymous market forces but rather to incessant discovery of information guided by entrepreneurial alertness. DO - 10.3726/b14075 ID - OAPEN ID: 1003295 ID - OAPEN ID: OCN: 1082957253 ID - OAPEN ID: http://library.oapen.org/handle/20.500.12657/26753 KW - Efficiency KW - Geiger KW - Hans KW - INFORM KW - Informational KW - Investigation KW - Markets KW - Michael KW - Speculative KW - Theoretical L1 - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf L1 - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf L1 - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf L1 - https://library.oapen.org/bitstream/20.500.12657/26753/1/1003295.pdf LA - English LK - https://directory.doabooks.org/handle/20.500.12854/39633 PB - Peter Lang International Academic Publishing Group PP - Bern PY - 2018 SN - 9783631755723 TI - Hans-Michael Geiger- Informational Efficiency in Speculative Markets- A Theoretical Investigation : Informational Efficiency in Speculative Markets ER -