Forecasts of Future Prices, Unbiased Markets, and "Martingale" Models

• 1 January 1966
• journal article
• Published by University of Chicago Press in The Journal of Business
• Vol. 39  (S1) , 242
• https://doi.org/10.1086/294850

Abstract

Keywords

• FORECASTS OF FUTURE
• UNBIASED MARKETS
• FUTURE PRICES
• MARTINGALE
• MODELS