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Bounded strategic reasoning explains crisis emergence in multi-agent market games
The efficient market hypothesis (EMH), based on rational expectations and market equilibrium, is the dominant perspective for modelling economic markets. However, the most notable critique of the EMH is the inability to model periods of out-of-equilibrium dynamics without significant external news....
Autores principales: | Patrick Evans, Benjamin, Prokopenko, Mikhail |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
The Royal Society
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9905995/ https://www.ncbi.nlm.nih.gov/pubmed/36778956 http://dx.doi.org/10.1098/rsos.221164 |
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