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- W2016534036 abstract "We analyze a market game where traders are heterogeneous with respect to their rationality level and have asymmetric information. The market mechanism results into a statistical equilibrium, where traders randomise among their available actions due to their limited rationality. We provide a necessary and sufficient condition for convergence of statistical to strategic equilibria of market games, when traders become more informed and increasingly more rational." @default.
- W2016534036 created "2016-06-24" @default.
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- W2016534036 date "2009-12-01" @default.
- W2016534036 modified "2023-09-26" @default.
- W2016534036 title "A NECESSARY AND SUFFICIENT CONDITION FOR CONVERGENCE OF STATISTICAL TO STRATEGIC EQUILIBRIA OF MARKET GAMES" @default.
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- W2016534036 doi "https://doi.org/10.1142/s0219198909002467" @default.
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