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7-15-2009 @ 3:03PM
@dpoyesac - Those are the opinions of Justin Fox, and one interpretation of the Strong vs Weak Market Hypothesis. The hypothesis is just that, a hypothesis, and no one individual is "right" or "wrong," it is a matter of personal interpretation. Remember too that the efficient-market hypothesis is based on an academic concept published as a Ph.D. thesis in 1960; it is hardly provable. Certainly the efficient-market hypothesis is applicable to some degree, weak or strong, to the WoW economies. Note one example in my response to Yend, below.@Yeng - This is actually already happening on my server, where Titanium Ore and Bars jumped 300% after the release of the patch notes. Prices declined somewhat afterward, but have never dropped back to the levels they once were.Hey, economics class was useful after all!
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