A new, evolutionary explanation of markets and investor behavior Half 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 economics, and the value or futility of investment management and financial regulation hangs on the answer. In this groundbreaking book, Andrew Lo transforms the debate with a powerful new framework in which rationality and irrationality coexist―the Ada Adaptive Markets - Andrew W. Lo od authora Andrew W. Lo a nakladatelství za skvělé ceny na e-shopu Martinus. cz.
| Autor |
Andrew W. Lo |
| Jazyk |
anglický |
| Počet stran |
504 |
| Rok vydání |
2019 |
| Nakladatelství |
Princeton University |
