Relevance and evolution of adaptive markets hypothesis: a review

Professor Raj S. Dhankar is a Senior Professor of Finance at the Faculty of Management Studies, University of Delhi, and currently is the Vice-Chancellor of Ansal University, Gurgaon. He has been the Dean of the Faculty of Management Studies, University of Delhi. He has also served as Vice-Chancellor of Maharshi Dayanand University, Rohtak, and Director, Centre for Canadian Studies, University of Delhi, in the past. He did his post-doctoral studies at John Anderson School of Management, UCLA, USA, and has been a Visiting Professor in several foreign universities. He has published a large number of critical research papers in national and international journals in the area of finance and is on the editorial board of several journals.

Devesh Shankar is a co-worker at the Faculty of Management Studies, University of Delhi. His research interests include informational efficiency of markets, asset pricing and behavioral Finance.