Adaptive markets: financial evolution at the speed of thought
Auteur :
Lo, Andrew W.
Éditeur :
Princeton University Press
ISBN :
9780691191362
Date de publication :
14 mai 2019
Dimensions :
23,5 x 15,6 cm
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
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