- Home
- Books
- New Arrivals
- 2024 Releases
- Adaptive Markets - Financial Evolution at the Speed of Thought
Adaptive Markets - Financial Evolution at the Speed of Thought
By: Andrew W. Lo
-
Rs 6,295.50
- Rs 6,995.00
- 10%
You save Rs 699.50.
Due to constant currency fluctuation, prices are subject to change with or without notice.
Half 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 transforms the debate with a powerful new framework in which rationality and irrationality coexist―the 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. 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. 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.
Half 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 transforms the debate with a powerful new framework in which rationality and irrationality coexist―the 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. 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. 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.
Adaptive Markets - Financial Evolution at the Speed of Thought
By: Andrew W. Lo
Rs 6,295.50 Rs 6,995.00 Ex Tax :Rs 6,295.50
Zubin Mehta: A Musical Journey (An Authorized Biography)
By: VOID - Bakhtiar K. Dadabhoy
Rs 892.50 Rs 1,050.00 Ex Tax :Rs 892.50
Misbehaving: The Making of Behavioural Economics
By: Richard H Thaler
Rs 2,515.50 Rs 2,795.00 Ex Tax :Rs 2,515.50
The Origins of Political Order From Prehuman Times to the French RevolutioN
By: Francis Fukuyama
Rs 4,045.50 Rs 4,495.00 Ex Tax :Rs 4,045.50
Manning Up: How the Rise of Women Has Turned Men into Boys
By: Kay Hymowitz
Rs 845.75 Rs 995.00 Ex Tax :Rs 845.75
The Obama Syndrome: Surrender At Home War Abroad
By: Tariq Ali
Rs 1,100.75 Rs 1,295.00 Ex Tax :Rs 1,100.75
The Quest For Meaning: Developing A Philosophy Of Pluralism
By: Tariq Ramadan
Rs 1,185.75 Rs 1,395.00 Ex Tax :Rs 1,185.75
Misbehaving: The Making of Behavioural Economics
By: Richard H Thaler
Rs 2,515.50 Rs 2,795.00 Ex Tax :Rs 2,515.50
If You Have to Cry, Go Outside: And Other Things Your Mother Never Told You
By: Kelly Cutrone
Rs 1,147.50 Rs 1,350.00 Ex Tax :Rs 1,147.50
Spiders And Scary Creepy Crawlies (ripley's Believe It Or Not!)
By: Ripley’s Believe It or Not
Rs 397.50 Rs 795.00 Ex Tax :Rs 397.50
Fine Art collection VAN GOGH IRISES 1000 PIECE JIGSAW PUZZLE
By: The Gifted Stationery
Rs 2,695.50 Rs 2,995.00 Ex Tax :Rs 2,695.50
The Monk who Sold His Ferrari - A Spiritual Fable about Fulfilling Your Dreams and Reaching Your Destiny
By: Robin Sharma
Rs 1,795.50 Rs 1,995.00 Ex Tax :Rs 1,795.50
Islamic Mystical Poetry: Sufi Verse from the early Mystics to Rumi
By: Mahmood Jamal
Rs 2,636.00 Rs 3,295.00 Ex Tax :Rs 2,636.00
Kaleidoscope Colouring Book Super Cute Fun
By: Hinkler Books
Rs 1,525.50 Rs 1,695.00 Ex Tax :Rs 1,525.50
Power and Resistance: Foucault, Deleuze, Derrida, Althusser
By: Yoshiyuki Sato
Rs 5,265.75 Rs 6,195.00 Ex Tax :Rs 5,265.75
Bunny Vs Monkey: Rise of the Maniacal Badger
By: Jamie Smart
Rs 2,245.50 Rs 2,495.00 Ex Tax :Rs 2,245.50
The Christmasaurus and the Winter Witch
By: Tom Fletcher
Rs 1,610.75 Rs 1,895.00 Ex Tax :Rs 1,610.75
Fishes of the Open Ocean - A Natural History & Illustrated Guide
By: Julian Pepperell
Rs 3,272.50 Rs 3,850.00 Ex Tax :Rs 3,272.50
The Language of War - Literature and Culture in the U.S. from the Civil War Through World War II
By: James Dawes
Rs 340.00 Rs 400.00 Ex Tax :Rs 340.00
Success Through a Positive Mental Attitude
By: Napoleon Hill
Rs 2,245.50 Rs 2,495.00 Ex Tax :Rs 2,245.50
Their Eyes Were Watching God - A Novel ; with an Introduction by Holly Eley
By: Zora Neale Hurston
Rs 2,245.50 Rs 2,495.00 Ex Tax :Rs 2,245.50
Portrait of a Thief - The Instant Sunday Times and New York Times Bestseller
By: Grace D. Li
Rs 1,975.50 Rs 2,195.00 Ex Tax :Rs 1,975.50
A Brief History of The Third Reich: The Rise and Fall of the Nazis - Paperback
By: Martyn Whittock
Rs 1,695.75 Rs 1,995.00 Ex Tax :Rs 1,695.75
Zubin Mehta: A Musical Journey (An Authorized Biography)
By: VOID - Bakhtiar K. Dadabhoy
Rs 892.50 Rs 1,050.00 Ex Tax :Rs 892.50
Adaptive Markets - Financial Evolution at the Speed of Thought
By: Andrew W. Lo
Rs 6,295.50 Rs 6,995.00 Ex Tax :Rs 6,295.50
Misbehaving: The Making of Behavioural Economics
By: Richard H Thaler
Rs 2,515.50 Rs 2,795.00 Ex Tax :Rs 2,515.50