Why are theoretically perfect and efficient capital markets so imperfect and volatile in practice?

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The research paper explores the Efficient Market Hypothesis (EMH) within the context of rational economics, highlighting its lack of guidance on individual behavior. It critiques the assumption that markets are always efficient and examines the implications for understanding economic actions. The paper, graded 1.3 at the University of Applied Sciences Northwestern Switzerland, provides insights into the complexities of market efficiency and individual decision-making in economics.