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Evolutionary Foundations of Equilibria in Irrational Markets formatIsbn:Softcover - 9781489985934 Prediger und Schullehrer

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Prediger und Schullehrer

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Evolutionary Foundations of Equilibria in Irrational Markets formatIsbn:Softcover - 9781489985934 Prediger und SchullehrerOne of the core building blocks of traditional economic theory is the concept of equilibrium, a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables remain static. Many traditional equilibrium models, or equilibria, are established based on the rational behavior of individuals within financial markets, such as traders, market analysts, and investing firms, and their ability

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