Written in honor of Emeritus Professor Georges Prat (University of Paris Nanterre France)
this book includes contributions from eminent authors on a range of topics that are of interest
to researchers and graduates as well as investors and portfolio managers. The topics discussed
include the effects of information and transaction costs on informational and allocative market
efficiency bubbles and stock price dynamics paradox of rational expectations and the
principle of limited information uncertainty and expectation hypotheses oil price dynamics
and nonlinearity in asset price dynamics.
