Evolutionary Foundations of Equilibria in Irrational Markets

Evolutionary Foundations of Equilibria in Irrational Markets

by Guo Ying Luo

Paperback(2012)

$179.00
View All Available Formats & Editions
Use Standard Shipping. For guaranteed delivery by December 24, use Express or Expedited Shipping.

Product Details

ISBN-13: 9781489985934
Publisher: Springer New York
Publication date: 01/25/2014
Series: Studies in Economic Theory , #28
Edition description: 2012
Pages: 200
Product dimensions: 6.10(w) x 9.25(h) x 0.02(d)

Table of Contents

1. Evolution, Irrationality and Perfectly Competitive Equilibrium.- 2. Evolution, Irrationality and Monopolistically Competitive Equilibrium.- 3. Evolution and Informationally Efficient Equilibrium in a Commodity Futures Market.- 4. Natural Selection, Random Shocks and Market Efficiency in a Futures Market.- 5. Evolution, Noise Traders and Market Efficiency in a One-Sided Auction Market.- 6. The Evolution of Money as a Medium of Exchange in a Primitive Economy.- 7. Conclusion.

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews