Is individual rationality essential to market price formation? The contribution of zero-intelligence agent trading models
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DOI: 10.1080/13501780802225528
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- Paola Tubaro, 2009. "Is individual rationality essential to market price formation? The contribution of zero‐intelligence agent trading models," Post-Print hal-01405306, HAL.
References listed on IDEAS
- J. Doyne Farmer & Paolo Patelli & Ilija I. Zovko, 2003. "The Predictive Power of Zero Intelligence in Financial Markets," Papers cond-mat/0309233, arXiv.org, revised Feb 2004.
- Wagner, Alfred, 1891.
"Marshall's Principles of Economics,"
History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
- Marshall, Alfred, 1890. "The Principles of Economics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number marshall1890.
Citations
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Cited by:
- Paola Tubaro, 2011.
"Computational Economics,"
Chapters, in: John B. Davis & D. Wade Hands (ed.),The Elgar Companion to Recent Economic Methodology, chapter 10,
Edward Elgar Publishing.
- Paola Tubaro, 2011. "Computational economics," Post-Print hal-01372973, HAL.
- Giuseppe Attanasi & Samuele Centorrino & Ivan Moscati, 2011. "Double Auction Equilibrium and Efficiency in a Classroom Experimental Search Market," LERNA Working Papers 11.03.337, LERNA, University of Toulouse.
- Brewer, Paul & Ratan, Anmol, 2019. "Profitability, efficiency, and inequality in double auction markets with snipers," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 486-499.
- Moscati, Ivan & Tubaro, Paola, 2009. "Random behavior and the as-if defense of rational choice theory in demand experiments," LSE Research Online Documents on Economics 27001, London School of Economics and Political Science, LSE Library.
More about this item
Keywords
price formation; zero-intelligence agents; Marshallian dynamics; rationality assumptions; utility maximization; experimental markets; partial equilibrium;Statistics
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