Adaptive Markets: Financial Evolution at the Speed of Thought
Adaptive Markets: Financial Evolution at the Speed of Thought4 22 5 Author: Andrew W. Lo Narrator: Jonathan Yen
Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, Adaptive Markets shows that the theory of market efficiency isn't wrong but merely incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo's new paradigm explains how financial evolution shapes behavior and markets at the speed of thought-a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation.
More information about the audiobook:Publisher: Tantor Audio
Length: 20H 21Min
More info about the ebookPublisher: Princeton University Press
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