Fine art ba Essay Example | Topics and Well Written Essays - 8000 words

Fine art ba - Essay Example Developments in the field of Art and Architecture emerged from the Classical to the Modern. There is indeed a clash within the academe as to how art and architecture must be assessed in the same respect to that of the general public or the viewers who have been hostile and unreceptive, in most cases, to the new form and standards of art and architecture that emerged and presented by the artists and innovators themselves. This is the condition that shows why Art Historians are busy rewriting art history. This is applicable to Lego since the said toy became a method in artistic production which will be discussed on the latter part of the dissertation. In this paper, there is an investigative, critical and synthetic approach and analysis as to how the Lego art and architecture, the external influences to the concept of construction, and the development of the style throughout time, in all aspects reflect the status and condition of Modern Art and Architecture. Frank Lloyd Wright will be dealt with in this paper as well since he is one the well-known architects that formulated new designs and conventions in terms of architecture. There will be an assessment of the modes of artistic production, specifically on the conception of form, the conventions of the work of art, the aesthetic appeal, the social context and observe clearly what are the difference and similarities among the three and the possible influence of one to the other. Also, the dissertation will try to investigate further the ambivalent connections of the aforementioned stylistic concepts. In achieving a cohesive and synthetic assessment of the matters that pertain to the subject being tackled, there will be a thorough deliberation of the relation of the aforementioned topics to its social, cultural, political, and economic contexts. Inevitably, these contexts provide a crucial playing field for the flourish and failures that art and architecture faced

Study of Efficient Market Hypothesis 04012 Essay

Study of Efficient Market Hypothesis 04012 - Essay Example ns that the bubbles in prices of assets are not possible nor does EMH deny that behavioural and environmental features cannot have deep influences on the required risk premiums and rates of returns (Timmermann and Granger, 2004). EMH declares that shares are constantly traded at their reasonable value, therefore making it impracticable for the investors to purchase the undervalued shares or sell shares for overstated or inflated prices (Borges, 2010). According to this, it may be impossible for the investors to outperform the entire market through market timing or expert share selection. So, the only means for the investor to receive higher or advanced returns is through buying riskier investments. There are three forms of efficiency i.e. weak-form, strong and semi-strong form of efficiency (Morningstar, 2015). In the efficiency of weak-form, it is not possible to predict the future price by analysing the past prices and the surplus returns cannot be received by employing the investment strategies which is based on the historical data (Gupta and Basu, 2011; Moustafa, 2004). In the semi-strong efficiency, stock prices are adjusted to the publicly accessible new information (Ma, 2004). However, the technical o r fundamental analyses are not able to consistently produce surplus returns. In the efficiency of strong-form, share prices reveal all information, private and public and no individual or company can earn surplus returns (Chau and Vayanos, 2008). The most influential argument against EMH is that the securities markets have frequently experienced excessive bubbles. When the market bubble exploded, internet associated stocks lost almost 90% of their value. The related mispricing of securities which are mortgage-backed had excessive consequences for the financial institutions as well as for the economy of entire world. Critics have deemed these incidents to be evident cases of the market inefficiency. The continuation of bubbles in the prices of assets is