ISBN-13: 9780857196330 / Angielski / Miękka / 2018 / 240 str.
ISBN-13: 9780857196330 / Angielski / Miękka / 2018 / 240 str.
The Life Cycle Hypothesis provides evidence of an ordered process behind the apparent randomness of financial asset price movements, economic fluctuations, and social trends. It shows how genuine information will have a dramatic effect on any system into which it is inserted, and will generate reactions that are essentially pre-programmed.