
Technical | Analysis page 47 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
18 Part | Introduction BOX 2.2 PROFESSOR ANDREW LO’S ADAPTIVE MARKETS HYPOTHESIS In an attempt to reconcile the existing but different finance ideas of efficient markets and behavioral finance, Dr. Lo has proposed the “Adaptive Markets Hypothesis” (2005). Lo proposes a framework based upon the…