According to the behavioral finance,markets are always
A)informationally efficient.
B)informationally inefficient.
C)weak-form efficient.
D)semi-strong form efficient.

Question

Quizplus · Accepted Answer

According to behavioral finance, markets are informationally inefficient. This is because the behavior of investors and their biases can lead to irrational decision-making and cause market anomalies. These anomalies can persist and create opportunities for profitable trading strategies, contradicting the assumption of market efficiency.

According to the Behavioral Finance,markets Are Always