It has been about 13 years since Andrew Lo published The Adaptive Markets Hypothesis. It provides valid criticism to Efficient Markets Hypothesis and brings lots of innovation over it. Unfortunately, it is but a framework of what it would be. What I am asking is; are there any significant models/theorems which employ AMH at its core?
p.s. I should add that I am working on financial models that might be uneasy with the collosal EMH. Many other studies either try to adhere to or completely ignore it.