Adaptive Markets

Adaptive Markets
Author: Andrew W. Lo
Publisher: Princeton University Press
Total Pages: 503
Release: 2019-05-14
Genre: Business & Economics
ISBN: 069119680X

A new, evolutionary explanation of markets and investor behavior Half of all Americans have money in the stock market, yet economists can’t agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe. The debate is one of the biggest in economics, and the value or futility of investment management and financial regulation hangs on the answer. In this groundbreaking book, Andrew Lo transforms the debate with a powerful new framework in which rationality and irrationality coexist—the Adaptive Markets Hypothesis. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, Adaptive Markets shows that the theory of market efficiency is incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo’s new paradigm explains how financial evolution shapes behavior and markets at the speed of thought—a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation. An ambitious new answer to fundamental questions about economics and investing, Adaptive Markets is essential reading for anyone who wants to understand how markets really work.

Adaptive Behavior and Learning

Adaptive Behavior and Learning
Author: J. E. R. Staddon
Publisher: Cambridge University Press
Total Pages: 619
Release: 2016-03-10
Genre: Psychology
ISBN: 1107082471

Summarizes the current state of both theoretical and experimental knowledge about learning in animals.

Heuristics

Heuristics
Author: Gerd Gigerenzer
Publisher: OUP USA
Total Pages: 0
Release: 2011-05-26
Genre: Psychology
ISBN: 9780199744282

This book compiles key articles of the simple heuristics program published across journals in different disciplines. It introduces the evolution and structure of the program, and puts each of the articles into context by short introductions. These articles present theory, real-world applications, and a sample of the large number of existing experimental studies that provide evidence for people's adaptive use of heuristics.

Mental Retardation

Mental Retardation
Author: National Research Council
Publisher: National Academies Press
Total Pages: 351
Release: 2002-08-09
Genre: Social Science
ISBN: 0309083230

Current estimates suggest that between one and three percent of people living in the United States will receive a diagnosis of mental retardation. Mental retardation, a condition characterized by deficits in intellectual capabilities and adaptive behavior, can be particularly hard to diagnose in the mild range of the disability. The U.S. Social Security Administration (SSA) provides income support and medical benefits to individuals with cognitive limitations who experience significant problems in their ability to perform work and may therefore be in need of governmental support. Addressing the concern that SSA's current procedures are consistent with current scientific and professional practices, this book evaluates the process used by SSA to determine eligibility for these benefits. It examines the adequacy of the SSA definition of mental retardation and its current procedures for assessing intellectual capabilities, discusses adaptive behavior and its assessment, advises on ways to combine intellectual and adaptive assessment to provide a complete profile of an individual's capabilities, and clarifies ways to differentiate mental retardation from other conditions.

Adaptive Behavior Assessment System-II

Adaptive Behavior Assessment System-II
Author: Thomas Oakland
Publisher: Academic Press
Total Pages: 431
Release: 2011-10-10
Genre: Psychology
ISBN: 0080559786

Adaptive Behavior Assessment System-II summarizes information on adaptive behavior and skills as well as general issues in adaptive behavior assessment with the goal of promoting sound assessment practice during uses, interpretations, and applications of the Adaptive Behavior Assessment System-II. Adaptive behavior and skills refer to personal qualities associated with the ability to meet one's personal needs such as communication, self-care, socialization, etc. and those of others. Data from measures of adaptive behavior have been used most commonly in assessment and intervention services for persons with mental retardation. However, the display of adaptive behaviors and skills is relevant to all persons. The Adaptive Behavior Assessment System-II (ABAS-II) provides a comprehensive, norm-referenced assessment of the adaptive behavior and skills of individuals from birth through age 89. The comprehensive natures of the ABAS-II, ease in administration and scoring, and wide age range have resulted in its widespread use for a large number of assessment purposes. The book provides practical information and thus serves as a valuable resource for those who use the ABAS-II. - Assists in the functional use of the ABAS-II - Provides case studies illustrating use of the ABAS-II in comprehensive assessment and intervention planning - Reviews scholarship on adaptive behaviors and skills - Describes legal, ethical, and other professional standards and guidelines that apply to the use of the ABAS-II and other measures of adaptive behavior - Discusses the use of the ABAS-II with autism, mental retardation; young children and those in elementary and secondary school; as well as incarcerated persons being evaluated for possible mental retardation

From Animals to Animats 5

From Animals to Animats 5
Author: Rolf Pfeifer
Publisher: MIT Press
Total Pages: 596
Release: 1998
Genre: Computers
ISBN: 9780262661447

The Animals to Animats Conference brings together researchers fromethology, psychology, ecology, artificial intelligence, artificiallife, robotics, engineering, and related fields to furtherunderstanding of the behaviors and underlying mechanisms that allownatural and synthetic agents (animats) to adapt and survive inuncertain environments The Animals to Animats Conference brings together researchers from ethology, psychology, ecology, artificial intelligence, artificial life, robotics, engineering, and related fields to further understanding of the behaviors and underlying mechanisms that allow natural and synthetic agents (animats) to adapt and survive in uncertain environments. The work presented focuses on well-defined models--robotic, computer-simulation, and mathematical--that help to characterize and compare various organizational principles or architectures underlying adaptive behavior in both natural animals and animats.

The Oxford Handbook of Positive Psychology and Disability

The Oxford Handbook of Positive Psychology and Disability
Author: Michael L. Wehmeyer
Publisher: Oxford University Press, USA
Total Pages: 561
Release: 2013-09-19
Genre: Psychology
ISBN: 0195398785

This handbook is the first comprehensive text on positive psychology and disability. Emphasizing paradigmatic changes in understanding disability, the text covers traditional disciplines in positive psychology; and applications of positive psychology to domains like education or work.

European Retail Research

European Retail Research
Author: Bernhard Swoboda
Publisher: Springer Science & Business Media
Total Pages: 231
Release: 2009-01-30
Genre: Business & Economics
ISBN: 3834980994

The aim of EUROPEAN RETAIL RESEARCH is to publish interesting manuscripts of high quality and innovativeness with a focus on retail researchers, retail lecturers, retail students and retail executives. As it has always been, retail executives are part of the target group and the knowledge transfer between retail research and retail management remains a part of the publication’s concept.