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29%OFFAndrew W. Lo - Adaptive Markets: Financial Evolution at the Speed of Thought - 9780691135144 - V9780691135144
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Adaptive Markets: Financial Evolution at the Speed of Thought

€ 43.99
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Description for Adaptive Markets: Financial Evolution at the Speed of Thought Hardback. Num Pages: 504 pages, 13 color illus. 28 line illus. 9 tables. BIC Classification: KC. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 229 x 152. .
A new, evolutionary explanation of markets and investor behavior Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe--and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics and the value or futility of investment management and financial regulation hang on the outcome. In this groundbreaking book, Andrew Lo cuts through this debate with a new framework, the Adaptive Markets Hypothesis, in which rationality and irrationality ... Read more

Product Details

Publisher
Princeton University Press
Format
Hardback
Publication date
2017
Condition
New
Weight
28g
Number of Pages
504
Place of Publication
New Jersey, United States
ISBN
9780691135144
SKU
V9780691135144
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50

About Andrew W. Lo
Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management and director of the MIT Laboratory for Financial Engineering. He is the author of Hedge Funds and the coauthor of A Non-Random Walk Down Wall Street and The Econometrics of Financial Markets (all Princeton). He is also the founder of AlphaSimplex ... Read more

Reviews for Adaptive Markets: Financial Evolution at the Speed of Thought
Mr. Lo makes a convincing argument and he also uses the book to lay out some interesting ideas
such as a huge, diversified fund that would invest in a range of potential cancer treatments.
Economist [A] remarkable new book... Lo's book will be read and read widely... His insights should allow investors and regulators alike to manage risks better. They ... Read more

Goodreads reviews for Adaptive Markets: Financial Evolution at the Speed of Thought


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