Adaptive Markets: Financial Evolution at the Speed of Thought
(Paperback, 2nd edition)
Publishing Details
Adaptive Markets: Financial Evolution at the Speed of Thought
By (Author) Andrew W. Lo
Princeton University Press
Princeton University Press
22nd July 2019
2nd edition
United States
Classifications
General
Non Fiction
Economic forecasting
Economic theory and philosophy
Behavioural economics
332.642
Physical Properties
Paperback
504
Width 156mm, Height 235mm
Description
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 eco
Reviews
"Winner of the 2018 PROSE Award for Excellence in Social Sciences, Association of American Publishers"
"Winner of the 2018 PROSE Award for Business, Finance & Management, Association of American Publishers"
"Finalist for the 2017 TIAA Paul A. Samuelson Award, TIAA Institute"
"Shortlisted for the 2017 Financial Times and McKinsey Business Book of the Year Award"
"One of the CNBC 13 Best Business Books of 2017"
"One of Foreign Affairs Best of Books 2017 Economic, Social, and Environment / Finance"
"One of The New York Times Deal Book Business Books Worth Reading 2017 (chosen by Andrew Sorkin)"
"One of Exames 9 books that will help you get rich in 2018"
"One of MoneyWeeks Five of the best books of 2017 (chosen by Dr. Matthew Partridge)"
"One of The Wall Street Journals What Business Leaders Read in 2017"
"One of the Microsoft Best Business Books of 2017"
"One of Financial Times (FT.com) Best Books of 2017: Economics"
"One of Bloombergs Best Books of 2017, chosen by Vitor Constancio"
"One of Bloombergs Best Books of 2017, chosen by Robert Shiller"
"[Adaptive Markets] is very well written, striking a right balance between education and teaching."---Mathis Mrke, Markets and Portfolio Management
"[Adaptive Markets] delivers an important contribution to the ongoing discussion about the EMH in a very entertaining way."---Christoph Kaserer, Journal of Economics
Author Bio
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 (both Princeton), among other books.
