Saturday, 10 September 2016

Notes on "Complexity in financial markets" (by Markus K. Brunnermeier and Martin Oehmke)

Complexity in financial markets
by Markus K. Brunnermeier and Martin Oehmke
https://www0.gsb.columbia.edu/faculty/moehmke/papers/Complexity.pdf

Complexity only matters when agents are boundedly rational.
Workable complexity is difficult

(not finished)


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