Adaptive markets : financial evolution at the speed of thought / Andrew W. Lo.

"Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are ration and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe - and as financial bubbles, crashes, and crises suggest. Th...

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Bibliographic Details
Main Author: Lo, Andrew W. (Andrew Wen-Chuan) (Author)
Language:English
Published: Princeton, New Jersey : Princeton University Press, [2017]
Subjects:
Investments > Psychological aspects.
Investments > Decision making.
Finance > Psychological aspects.
Finance > Decision making.
Stock exchanges.
Economics.
Finance.
Physical Description:x, 483 pages, 8 unnumbered pages of plates : illustrations (some color), charts (some color) ; 25 cm
Format: Book
Contents:
  • Are we all 'homo economicus' now?
  • If you're so smart, why aren't you rich?
  • If you're so rich, why aren't you smart?
  • The power of narrative
  • The evolution revolution
  • The adaptive markets hypothesis
  • The Galapagos Islands of finance
  • Adaptive markets in action
  • Fear, greed, and financial crisis
  • Finance behaving badly
  • Fixing finance
  • To boldly go where no financier has gone before.