Home › Books › Adaptive Markets

Adaptive Markets

লেখক / Author: Andrew W. Lo

Premium Paperback: ৳330 | Premium Hardcover: ৳430

Buy Adaptive Markets in Bangladesh at Booksferi.Com. Price ৳330 (BDT). Home delivery all over Bangladesh, Cash on Delivery.

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. The debate is one of the biggest in economics, and the value or futility of investment management and financial regulation hangs on the answer. In this groundbreaking book, Andrew Lo transforms the debate with a powerful new framework in which rationality and irrationality coexist?the Adaptive Markets Hypothesis. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, Adaptive Markets shows that the theory of market efficiency is incomplete…

Publisher: Princeton University Press

Pages: 483

Language: en

ISBN-13: 9780691135144

ISBN-10: 0691135142