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Adaptive Markets

Autor Andrew W. Lo
en Limba Engleză Paperback – 7 mai 2019
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
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Specificații

ISBN-13: 9780691191362
ISBN-10: 0691191360
Pagini: 504
Ilustrații: 13 col./ 28 b&w illus. / 9 tables
Dimensiuni: 156 x 233 x 32 mm
Greutate: 0.79 kg
Editura: Princeton University Press

Notă biografică

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 Group, a quantitative investment management company based in Cambridge, Massachusetts.