Adaptive markets hypothesis, the: an evolutionary approach to understanding financial system dynamics
Auteur :
Lo, Andrew W. / Zhang, Ruixun
Éditeur :
Oxford University Press
ISBN :
9780199681143
Date de publication :
22 févr. 2024
Dimensions :
24,1 x 16,6 x 3,6 cm
Poids :
1342 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The Adaptive Markets Hypothesis is a formal and systematic exposition. Lo and Zhang develop the mathematical foundations of the simple yet powerful evolutionary model and show that the most fundamental economic behaviours that we take for granted emerge solely through natural selection.