Learning and Adaptation as a Source of Market Failure
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More about this item
Keywords
Heterogeneous Agents; Efficient Markets; Learning; Dynamics; Computational Economics; Market Failure;All these keywords.
JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CMP-2013-09-06 (Computational Economics)
- NEP-ICT-2013-09-06 (Information & Communication Technologies)
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