The economist known for his early empirical work supporting the efficient markets hypothesis is

Question

Quizplus · Accepted Answer

Eugene Fama is known for his extensive work on the efficient market hypothesis, which suggests that asset prices fully reflect all available information. His research helped establish this idea as a foundational principle in finance and economics. Both Milton Friedman and Glenn Hubbard are well-known economists, but their work is not as closely associated with the efficient market hypothesis. John Muth made important contributions to the development of rational expectations theory, but this is a distinct concept from the efficient market hypothesis.

The Economist Known for His Early Empirical Work Supporting the Efficient