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Beyond Equilibrium and Efficiency (Santa Fe Institute Studies in the Sciences of Complexity S.)
Beyond Equilibrium and Efficiency - Santa Fe Institute Studies in the Sciences of Complexity S.
Author: J. Doyne Farmer, John Geanakoplos
This book presents recent thought on market efficiency, using a complex systems approach to move past equilibrium models and quantify the actual efficiency of markets. The older view that markets are perfectly efficient has come under attack from several different directions, including studies of market anomalies, human psychology, bounded ratio...  more »
ISBN-13: 9780195150940
ISBN-10: 0195150945
Publication Date: 7/15/2002
Pages: 352
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Publisher: Oxford University Press
Book Type: Hardcover
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