Financial crises are difficult to predict, the econophysicists say, because markets are not, as some traditional economists believe, efficient, self-regulating and self-correcting.
Though it has long been believed that efficient learning in deep architectures is difficult, recently proposed computational principles for learning in deep architectures may offer a breakthrough.
Both municipality groups believed that efficient interaction between the municipal administrators and residents is important for sustainability of the programmes.
Can't believe how efficient they are over here.
He believes an efficient campaign can be run on 1/2 million dollars, through the primary.
This huge quantity of panic buying must be an even more troubling spectacle for those who believe in efficient markets than it is for pious Christians.
IF you still believe in efficient markets, consider this: City by city, according to a new study, stock markets rise more often on days when the sun shines in the morning than when skies are overcast.
If you believe in efficient markets, you have to conclude that some other investors are doing those calculations today, because they don't seem the main activity of the people I'm hearing.
In its simplest form, the debate between traditional and behavioral finance comes down to the difference between two sets of investment recommendations: if you believe the efficient market hypothesis, don't try to beat the market by picking individual stocks, just invest in index funds.
So the success of Bill Miller, a fund manager at the Baltimore-based Legg Mason, has been a conundrum for those who believe in efficient markets.The good news for the doubters is that his streak is set to come to an end this year.
