Adaptive Markets

₨ 1,145

*Adaptive Markets: Financial Evolution at the Speed of Thought* by Andrew W. Lo challenges traditional financial theories by applying principles from evolutionary biology to the world of finance. Lo argues that markets are not always efficient or rational, as assumed by classical models, but instead are shaped by the evolving behaviors of investors who adapt to changing environments, just like species in nature. By integrating insights from psychology, neuroscience, and economics, Lo offers a new framework—“adaptive markets”—that better explains market dynamics, investor decision-making, and financial crises. The book provides a fresh, more realistic perspective on how markets function, emphasizing adaptability and the role of human behavior in financial outcomes.

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  • Language: English
  • Best Seller: UrduBazarKarachi
  • Paper Quality: Excellent
  • Digital Printing
  • Paper Back
  • Novel Size
  • Binding: Paperback
  • Book Type: Digital Printed Book
  • Book Condition: New
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