La Vertiginosa Adaptabilidad de Los Mercados Financieros
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La Vertiginosa Adaptabilidad de Los Mercados Financieros

La Vertiginosa Adaptabilidad de Los Mercados Financieros


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About the Book

Los economistas no se ponen de acuerdo sobre si los inversores y los mercados son racionales y eficientes, tal y como supone la moderna teoría de las finanzas, o irracionales e ineficientes, tal y como creen los economistas del comportamiento y como sugieren las burbujas y las crisis financieras. De cómo se resuelva este debate depende que se gestionen bien las inversiones financieras. Con este libro Andrew W. Lo zanja esta cuestión dándole un nuevo marco conceptual: la Hipótesis de los Mercados Adaptativos, en la que la conviven racionalidad y la irracionalidad. Basándose en profundos conocimientos de psicología, biología evolutiva, neurociencia e inteligencia artificial, esta obra sostiene que la teoría de los mercados eficientes no es errónea sino incompleta. Cuando los mercados son inestables, los inversores reaccionan instintivamente, creando ineficiencias que otros pueden aprovechar. El nuevo paradigma del autor explica cómo la evolución de las finanzas, que ocurre a la velocidad del pensamiento, condiciona el comportamiento de los inversores y de los mercados. Un hecho que ponen de manifiesto los vaivenes entre estabilidad y crisis, ganancia y pérdida, e innovación y regulación.
About the Author: Andrew W. Lo es catedrático de administración de empresas en la Sloan School of Management, del MIT, y director del Laboratorio de Ingeniería Financiera de esa misma universidad. Reconocido autor de varias obras de actualidad económica, es además el fundador de Alpha Simplex Group, una empresa de gestión cuantitativa de inversiones con sede en Cambridge, Massachusetts.


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Product Details
  • ISBN-13: 9788494627194
  • Sub Title: Un Explicación Evolutiva
  • ISBN-10: 8494627198


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