$44.00
- Paperback
504 pages
- Release Date
21 July 2019
Summary
A new, evolutionary explanation of markets and investor behaviorHalf 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 economics, and the value or futility of investment management and financial regulation hangs on the answer. In this groundbreaking book, Andrew Lo tran…
Book Details
| ISBN-13: | 9780691191362 |
|---|---|
| ISBN-10: | 0691191360 |
| Author: | Andrew W. Lo |
| Publisher: | Princeton University Press |
| Imprint: | Princeton University Press |
| Format: | Paperback |
| Number of Pages: | 504 |
| Edition: | 2nd |
| Release Date: | 21 July 2019 |
| Weight: | 778g |
| Dimensions: | 235mm x 156mm |
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Critics Review
“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 Exame’s “9 books that will help you get rich in 2018””“One of MoneyWeek’s “Five of the best books of 2017” (chosen by Dr. Matthew Partridge)”“One of The Wall Street Journal’s 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 Bloomberg’s Best Books of 2017, chosen by Vitor Constancio”“One of Bloomberg’s Best Books of 2017, chosen by Robert Shiller””[Adaptive Markets] is very well written, striking a right balance between education and teaching.”—Mathis Mörke, 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
About The Author
Andrew W. Lo
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.
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