Cargando…

Can markets compute equilibria?

Recent turmoil in financial and commodities markets has renewed questions regarding how well markets discover equilibrium prices, particularly when those markets are highly complex. A relatively new critique questions whether markets can realistically find equilibrium prices if computers cannot. For...

Descripción completa

Detalles Bibliográficos
Autor principal: Monroe , Hunter K
Lenguaje:eng
Publicado: International Monetary Fund 2009
Materias:
Acceso en línea:http://cds.cern.ch/record/1701456