Adaptive Markets: Financial Evolution At The Speed Of Thought,Used

Adaptive Markets: Financial Evolution At The Speed Of Thought,Used

SKU: SONG0691191360 In Stock
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A New, Evolutionary Explanation Of Markets And Investor Behaviorhalf Of All Americans Have Money In The Stock Market, Yet Economists Cant 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 Coexistthe Adaptive Markets Hypothesis. Drawing On Psychology, Evolutionary Biology, Neuroscience, Artificial Intelligence, And Other Fields, Adaptive Markets Shows That The Theory Of Market Efficiency Is Incomplete. When Markets Are Unstable, Investors React Instinctively, Creating Inefficiencies For Others To Exploit. Los New Paradigm Explains How Financial Evolution Shapes Behavior And Markets At The Speed Of Thoughta Fact Revealed By Swings Between Stability And Crisis, Profit And Loss, And Innovation And Regulation. An Ambitious New Answer To Fundamental Questions About Economics And Investing, Adaptive Markets Is Essential Reading For Anyone Who Wants To Understand How Markets Really Work.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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