LEADER 00000nim a22005055a 4500 003 MWT 005 20191125115357.0 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 180119s2018 xxunnn es i n eng d 020 9781541495296 (sound recording : hoopla Audio Book) 020 1541495292 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ ttm_9781541495296_180.jpeg 028 42 MWT12032649 037 12032649|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 082 04 332.642 2 23 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 Lo, Andrew W.|q(Andrew Wen-Chuan),|eauthor. 245 10 Adaptive markets :|bfinancial evolution at the speed of thought|h[Hoopla electronic resource] /|cAndrew W. Lo. 250 Unabridged. 264 1 [United States] :|bTantor Audio,|c2018. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (20hr., 24 min.)) : |bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 506 Digital content provided by hoopla. 511 0 Read by Jonathan Yen. 520 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-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 W. 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 market 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. 538 Mode of access: World Wide Web. 650 0 Investments|xPsychological aspects. 650 0 Investments|xDecision making. 650 0 Finance|xPsychological aspects. 650 0 Finance|xDecision making. 650 0 Securities. 650 0 Stock exchanges. 700 1 Yen, Jonathan,|enarrator. 710 2 hoopla digital. 856 40 |uhttps://www.hoopladigital.com/title/ 12032649?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ ttm_9781541495296_180.jpeg