The Adaptive Markets Hypothesis: An Evolutionary Approach to Understanding Financial System Dynamics by Andrew W. Lo, Ruixun Zhang

The Adaptive Markets Hypothesis: An Evolutionary Approach to Understanding Financial System Dynamics

Andrew W. Lo, Ruixun Zhang

800 pages • missing pub info (editions)

nonfiction
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The Adaptive Markets Hypothesis (AMH) presents a formal and systematic exposition of a new narrative about financial markets that reconciles rational investor behaviour with periods of temporary financial insanity. In this narrative, intelligent b...

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