Cover art for Adaptive Markets
Published
Princeton University Press, April 2019
ISBN
9780691191362
Format
Softcover, 504 pages
Dimensions
23.5cm × 15.6cm

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. The debate is one of the biggest in eco

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