Efficient Markets and Information Processing: Difference between revisions
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<center>{{efficient}}</center> | <center>{{efficient}}</center> | ||
<p align="center">Second, the amount of information one can receive depends on the person's background | |||
knowledge about that particular information… Since different people have different | |||
background knowledge about the same information, heterogeneity of opinion occurs | |||
naturally.<br> | |||
"Jing Chen" | |||
<center>{{efficient}}</center> | <center>{{efficient}}</center> | ||
Revision as of 00:27, 1 May 2006
Second, the amount of information one can receive depends on the person's background
knowledge about that particular information… Since different people have different
background knowledge about the same information, heterogeneity of opinion occurs
naturally.
"Jing Chen"
