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Management article
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Reference no. F0603A
Published by: Harvard Business Publishing
Originally published in: "Harvard Business Review - Forethought", 2006
Revision date: 31-Jan-2013

Abstract

Are financial markets driven by efficiency or by irrational behavior? The 'adaptive markets hypothesis' brings Darwinian principles into the mix, suggesting that neither is the case.

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Abstract

Are financial markets driven by efficiency or by irrational behavior? The 'adaptive markets hypothesis' brings Darwinian principles into the mix, suggesting that neither is the case.

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