inefficiency

Shiller believes in the 'inefficient market theory' that says that 'an asset's market price do not always accurately reflect its true value nor do they quickly move to match a security's 'true value' as it changes.'

"But honestly the volume of the bonds sold is very low and this is due to the inefficient market," he added.

This "highly robust and surprisingly high degree of market power" for MTurk employers suggests an inefficient market structure that benefits employers to the detriment of workers.

Consultative committee member Arthur Aguilar, who heads the subcomittee on economic reforms, said the new Charter would need stronger provisions against 'inefficient market structures that restrain fair competition.'

During the Great Depression, demand is unstable and creates an inefficient market. Keynes recommends economy-stimulating tactics to attempt to control the supply of money through policies relating to inflation, taxation, and interest rates.

Forbes Ventures is an Investment company with a focus on consolidating companies in inefficient market sectors, by raising capital, providing strategic support and using technology to improve the resulting company's efficiency and scalability.

In an opaque and inefficient market, an expert or advisor can present the opportunity for arbitrage.

The Inefficient Market Hypothesis: Why Financial Markets Do Not Work Well in the Real World.

A similar level of empirical rigour is seen in Chapter 5's analysis of the Vietnamese motorcycle industry; it traces the industry's transition from a small and inefficient market to the world's fourth largest producer of motorcycles.

Discussing the affect of the minimum wage system on increasing the inflation rate, the study said: "It's hard to say that applying the minimum wage system won't result in an increase in the prices, especially in inefficient market of the developing societies," but noted that the effect would be greater if funded by removing subsidies or printing more banknotes.

Greco goes on to say, “I don't envision a scenario whereby international jurisdictions will allow this unregulated, secretive and largely inefficient market to take a foothold unless there is a major structural change to it which I have trouble envisioning.