The virtues and vices of equilibrium and the future of financial economics

Complexity

Volumn 14, Issue 3, 2009, Pages 11-38

  Farmer, J Doyne ^a,b   Geanakoplos, John ^a,c  

^a SANTA FE INSTITUTE   (United States)

^b LUISS UNIVERSITY   (Italy)

^c YALE UNIVERSITY   (United States)

Author keywords

Agent based modeling; Arbitrage; Bounded rationality; Disequilibrium; Efficiency; Equilibrium; Market ecology; Power laws; Rational expectations; Zero intelligence

Indexed keywords

EID: 60849135445     PISSN: 10762787     EISSN: 10990526     Source Type: Journal    
DOI: 10.1002/cplx.20261     Document Type: Review

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