Published by:
Harvard Business Publishing
Revision date: 31-Jan-2013
Length: 4 pages
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https://casecent.re/p/67955
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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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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.