Market Efficiency: A Theoretical Distinction and So What?

By Harry M. Markowitz. 2005

133 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6e265f3a10f2b6a43075058ffa8c135e73dfeeee

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In Finance

1. Harry M. Markowitz

Citations in the corpus

• Portfolio Theory: As I Still See It (2010, background): “Markowitz (2005) also shows that, even if some investor were subject to either the S-L constraint or the Roy constraint and others were not, then the former would not arbitrage away the mean-variance inefficiency of the market portfolio.”
• Will My Risk Parity Strategy Outperform? (2012, unknown): “Markowitz (2005) discussed a simple paradigm in which leverage constraints render the market portfolio inefficient in an idealized setting.”