Adaptive Markets - Lo, Andrew W.
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  • Broschiertes Buch

A new, evolutionary explanation of markets and investor behaviorHalf 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 eco…mehr

Produktbeschreibung
A new, evolutionary explanation of markets and investor behaviorHalf 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 eco
  • Produktdetails
  • Verlag: Princeton University Press
  • 2 ed
  • Erscheinungstermin: 7. Mai 2019
  • Englisch
  • Abmessung: 233mm x 156mm x 32mm
  • Gewicht: 864g
  • ISBN-13: 9780691191362
  • ISBN-10: 0691191360
  • Artikelnr.: 53922992
Autorenporträt
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 (both Princeton), among other books.