000800643 000__ 03458cam\a2200481Ii\4500 000800643 001__ 800643 000800643 005__ 20210515135225.0 000800643 006__ m\\\\\o\\d\\\\\\\\ 000800643 007__ cr\cn\nnnunnun 000800643 008__ 171114s2017\\\\njua\\\\ob\\\\001\0\eng\d 000800643 019__ $$a1003203295 000800643 020__ $$a9781400887767$$q(electronic book) 000800643 020__ $$a1400887763$$q(electronic book) 000800643 020__ $$z0691135142 000800643 035__ $$a(OCoLC)ocn976394242 000800643 035__ $$a(MiAaPQ)EBC4850333 000800643 035__ $$a800643 000800643 040__ $$aIDEBK$$beng$$erda$$epn$$cIDEBK$$dN$T$$dOCLCF$$dYDX$$dMERUC$$dEBLCP$$dCHVBK$$dOCLCO$$dIDEBK$$dOCLCQ$$dORU$$dOCL$$dIDB 000800643 049__ $$aISEA 000800643 050_4 $$aHG4551 000800643 08204 $$a332.642 2 23 000800643 1001_ $$aLo, Andrew W.$$q(Andrew Wen-Chuan),$$eauthor. 000800643 24510 $$aAdaptive markets :$$bfinancial evolution at the speed of thought /$$cAndrew W. Lo. 000800643 264_1 $$aPrinceton, New Jersey :$$bPrinceton University Press,$$c[2017] 000800643 300__ $$a1 online resource (x, 483 pages) :$$billustrations 000800643 336__ $$atext$$btxt$$2rdacontent 000800643 337__ $$acomputer$$bc$$2rdamedia 000800643 338__ $$aonline resource$$bcr$$2rdacarrier 000800643 504__ $$aIncludes bibliographical references and index. 000800643 5050_ $$aAre we all 'homo economicus' now? -- If you're so smart, why aren't you rich? -- If you're so rich, why aren't you smart? -- The power of narrative -- The evolution revolution -- The adaptive markets hypothesis -- The Galapagos Islands of finance -- Adaptive markets in action -- Fear, greed, and financial crisis -- Finance behaving badly -- Fixing finance -- To boldly go where no financier has gone before. 000800643 506__ $$aAccess limited to authorized users. 000800643 520__ $$a"Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are ration and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe - and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics, and the value or futility of investment management and financial regulation hang on the outcome. In this groundbreaking book, Andrew Lo cuts through this debate with a new framework, the Adaptive Markets Hypothesis, in which rationality and irrationality coexist. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, "Adaptive Markets" shows that the theory of marked efficiency isn't wrong but merely incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo's new paradigm explains how financial evolution shapes behavior and markets at the speed of thought--a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation."--Provided by publisher. 000800643 588__ $$aDescription based on print version record. 000800643 650_0 $$aInvestments$$xPsychological aspects. 000800643 650_0 $$aInvestments$$xDecision making. 000800643 650_0 $$aFinance$$xPsychological aspects. 000800643 650_0 $$aFinance$$xDecision making. 000800643 650_0 $$aSecurities. 000800643 650_0 $$aStock exchanges. 000800643 77608 $$iPrint version:$$aLo, Andrew W. (Andrew Wen-Chuan),$$tAdaptive markets.$$dPrinceton, New Jersey : Princeton University Press, 2017$$z9781400887767$$w(DLC) 2016961979 000800643 852__ $$bacq 000800643 85280 $$bebk$$hProQuest Ebook Central 000800643 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=http://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=4850333$$zOnline Access 000800643 909CO $$ooai:library.usi.edu:800643$$pGLOBAL_SET 000800643 980__ $$aEBOOK 000800643 980__ $$aBIB 000800643 982__ $$aEbook 000800643 983__ $$aOnline