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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Monroe, Hunter K. (Author)
Corporate Author: International Monetary Fund
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, 2009.
Series:IMF working paper ; WP/09/24.
Subjects:
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