Cover art for Adaptive Markets
Published
Princeton University Press, May 2017
ISBN
9780691135144
Format
Hardcover, 504 pages
Dimensions
23.5cm × 15.2cm

Adaptive Markets Financial Evolution at the Speed of Thought

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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--and as financial bubbles, crashes, and cr

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