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How market ecology explains market malfunction
Standard approaches to the theory of financial markets are based on equilibrium and efficiency. Here we develop an alternative based on concepts and methods developed by biologists, in which the wealth invested in a financial strategy is like the abundance of a species. We study a toy model of a mar...
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| Foilsithe in: | Proc Natl Acad Sci U S A |
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| Main Authors: | , , |
| Formáid: | Artigo |
| Teanga: | Inglês |
| Foilsithe: |
National Academy of Sciences
2021
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| Ábhair: | |
| Rochtain Ar Líne: | https://ncbi.nlm.nih.gov/pmc/articles/PMC8256038/ https://ncbi.nlm.nih.gov/pubmed/34172576 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.2015574118 |
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