SKU: 485383488

Adaptive Markets: Financial Evolution at the Speed of Thought

Sale price$17.56 Regular price$19.51
Save 10%

Pay in installments of $4.88 with ShopPay, AfterPay and Klarna

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Sep 18 - Sep 23

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

Adaptive Markets: Financial Evolution at the Speed of ThoughtA new, evolutionary explanation of markets and investor behavior 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

A new, evolutionary explanation of markets and investor behavior

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.



Binding Type: Paperback
Publisher: Princeton University Press
Published: 05/14/2019
ISBN: 9780691191362
Pages: 504
Weight: 1.85lbs
Size: 9.25h x 6.10w x 1.20d
Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 485383488

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.9 ★★★★★
Based on 22 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
A
Verified Purchase
Amazon Customer
Dallas, US
★★★★★ 5
People blocker
Color: Shimmer
Perfect for privacy door to keep people away at my desk
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 8, 2026
Q
Quality Engineer
Battle Creek, US
★★★★★ 4
Great Quality
Color: Pine
The fabric panels are sturdy and scratch-resistant, and the pine frame gives them a clean, natural look. Easy to move and reposition as needed, making them great for bedrooms, studios, or shared spaces. They don’t feel flimsy and hold their shape once set up.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on December 17, 2025
R
Verified Purchase
Rob
Los Angeles, US
★★★★★ 3
Not quite but close.
Color: Pine
The panel is hollow. If you’re buying it thinking it’s going to dampen sound, it really won’t. I bought some foam to put in the hollow part and that works okay, but it shouldn’t be required.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 12, 2026
B
Benji and I . . .
Cuba, US
★★★★★ 5
Fantastic performance with respect to privacy and room temperature.
Color: Frost
While this standing room divider is tall and wide enough to provide a nice privacy barrier, it also allows light to filter through while maintaining that privacy. Assembly was easy with simple to follow directions and the only place I struggled was in pulling the fabric down to connect it. Similar to putting on a compression sock- it takes time and stretching/pulling. I don't think I ever got it to line up completely at the bottom and velcro together like it should, but it is a fantastic benefit. I have a home office on the ground floor, so when the curtains are open, it's not entirely unexpected to have a passerby look in as they go past. This provides basically a wall for them to look at. And I love it. Aside from the privacy, an unexpected benefit is wind control. On hotter days, my dog likes the window open, but hot to him may be cold to me, so I open it for him and allow this instant wall to shelter me. It is surprisingly effective at keeping the cold breeze from reaching me. I could not be more impressed with this divider. It stands on its own and provides privacy and temperature regulation through it's sturdy frame and thick (light-friendly) fabric.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on November 14, 2025
C
Clement Beauregret
Pawtucket, US
★★★★★ 5
Hiding from Coworkers Has Never Looked So Classy
Color: Frost
Let me tell you something: this divider isn’t just a piece of furniture...it’s a sanctuary, a confessional booth for the emotionally exhausted, and a glorious wall between me and other people’s nonsense. I slid behind this beauty like a barfly dodging an ex, and baby, I felt safe. It's lightweight, but sturdy enough to block out both sunlight and bad vibes. The fabric’s got a fancy little texture, which is great if you're hiding and still wanna feel aesthetic. It moves easy, it stands tall, and it gives me just enough space to eat my sad desk lunch in peace while pretending I’m in a better timeline. Final Word: Perfect for offices, bedrooms, dressing rooms, or wherever you need to spiritually disassociate. Whether you’re blocking out sunlight or Barbara’s unsolicited MLM pitch, this thing’s got your back. Literally. Five stars. Would (and likely will) emotionally withdraw again.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on October 28, 2025

recommand products