Friday, June 24, 2005

SSRN-Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis by Andrew Lo

I will write more about this one later. But I just found it and it is a definite keeper!

SSRN-Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis by Andrew Lo

Super short version from abstract:

"The battle between proponents of the Efficient Markets Hypothesis and champions of behavioral finance has never been more pitched, and there is little consensus as

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