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Keywords: Rationalization
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Journal Articles
Journal:
Kybernetes
Kybernetes (2010) 39 (9-10): 1429–1451.
Published: 19 October 2010
...Markus Schwaninger; José Pérez Rios; Henry Birdseye Weil Purpose Many models of markets are based on assumptions of rationality, transparency, efficiency, and homogeneity in various combinations. This paper aims to explain why markets routinely and repeatedly make “mistakes” that are inconsistent...
