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About The Adaptive Markets Hypothesis
The document discusses the Adaptive Markets Hypothesis (AMH) as a new perspective that reconciles the Efficient Markets Hypothesis (EMH) and its criticisms from behavioral economics. The AMH views market efficiency through an evolutionary lens, where dynamics like competition and natural selection determine the efficiency of markets and institutions over time.
Detailed Information
Author: | ['ExcessCapital'] |
---|---|
Publication Year: | 2016 |
Pages: | 15 |
Language: | English |
Format: | |
Price: | FREE |
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