... across five finance domains: asset pricing, corporate finance, investment strategies, financial markets and behavioral finance. Conceptual frameworks and taxonomies are developed to categorize game-theoretic models by strategic orientation and information structure, offering a structured synthesis...

... flaws. Each of the proposed alternatives improves some of the assumptions made by the EMH, such as investor homogeneity, the immediate incorporation of information into asset values and the inadequacy of rationality to explain asset prices. Design/methodology/approach To come up with the list...