Matches in SemOpenAlex for { <https://semopenalex.org/work/W2095118045> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W2095118045 endingPage "199" @default.
- W2095118045 startingPage "189" @default.
- W2095118045 abstract "No-arbitrage is the fundamental principle of economic rationality which unifies normative decision theory, game theory, and market theory. In economic environments where preferences may be assumed to be convex and money is available as a medium of exchange, no-arbitrage supports the concepts of subjective expected utility maximization in personal decisions, competitive equilibria in capital markets and exchange economies, and correlated equilibria in noncooperative games. The arbitrage principle directly characterizes rationality at the market level; apparent optimizing behavior by individual agents is viewed as a consequence of their adaptation to the market. Concepts of equilibrium behavior in games and markets can thus be reconciled with the ideas that individual rationality is bounded, that agents use evolutionarily-shaped decision rules rather than numerical optimization algorithms, and that personal probabilities and utilities are inseparable and to some extent indeterminate. Risk-neutral probability distributions, interpretable as products of probabilities and marginal utilities, play a central role as observable quantities in economic systems." @default.
- W2095118045 created "2016-06-24" @default.
- W2095118045 creator A5072932182 @default.
- W2095118045 creator A5076960928 @default.
- W2095118045 date "1992-01-01" @default.
- W2095118045 modified "2023-09-23" @default.
- W2095118045 title "Arbitrage, Rationality, and Equilibrium" @default.
- W2095118045 cites W152879461 @default.
- W2095118045 cites W1963688865 @default.
- W2095118045 cites W1973563023 @default.
- W2095118045 cites W2010681793 @default.
- W2095118045 cites W2021002963 @default.
- W2095118045 cites W2021437927 @default.
- W2095118045 cites W2032057358 @default.
- W2095118045 cites W2041236819 @default.
- W2095118045 cites W2067106254 @default.
- W2095118045 cites W2068615580 @default.
- W2095118045 cites W2069544743 @default.
- W2095118045 cites W2077791698 @default.
- W2095118045 cites W2086446531 @default.
- W2095118045 cites W2089020092 @default.
- W2095118045 cites W2112794046 @default.
- W2095118045 cites W2118929276 @default.
- W2095118045 cites W2120165663 @default.
- W2095118045 cites W2121485109 @default.
- W2095118045 cites W2129605852 @default.
- W2095118045 cites W2144854246 @default.
- W2095118045 cites W2945669590 @default.
- W2095118045 cites W3023688799 @default.
- W2095118045 cites W3124960685 @default.
- W2095118045 cites W4231057775 @default.
- W2095118045 cites W4234761190 @default.
- W2095118045 cites W4235671834 @default.
- W2095118045 cites W4254277874 @default.
- W2095118045 doi "https://doi.org/10.1007/978-94-011-2838-4_22" @default.
- W2095118045 hasPublicationYear "1992" @default.
- W2095118045 type Work @default.
- W2095118045 sameAs 2095118045 @default.
- W2095118045 citedByCount "46" @default.
- W2095118045 countsByYear W20951180452012 @default.
- W2095118045 countsByYear W20951180452013 @default.
- W2095118045 countsByYear W20951180452014 @default.
- W2095118045 countsByYear W20951180452016 @default.
- W2095118045 countsByYear W20951180452018 @default.
- W2095118045 countsByYear W20951180452019 @default.
- W2095118045 crossrefType "book-chapter" @default.
- W2095118045 hasAuthorship W2095118045A5072932182 @default.
- W2095118045 hasAuthorship W2095118045A5076960928 @default.
- W2095118045 hasBestOaLocation W20951180452 @default.
- W2095118045 hasConcept C106159729 @default.
- W2095118045 hasConcept C144237770 @default.
- W2095118045 hasConcept C160623529 @default.
- W2095118045 hasConcept C162324750 @default.
- W2095118045 hasConcept C175444787 @default.
- W2095118045 hasConcept C17744445 @default.
- W2095118045 hasConcept C199539241 @default.
- W2095118045 hasConcept C201717286 @default.
- W2095118045 hasConcept C205706631 @default.
- W2095118045 hasConcept C58694771 @default.
- W2095118045 hasConceptScore W2095118045C106159729 @default.
- W2095118045 hasConceptScore W2095118045C144237770 @default.
- W2095118045 hasConceptScore W2095118045C160623529 @default.
- W2095118045 hasConceptScore W2095118045C162324750 @default.
- W2095118045 hasConceptScore W2095118045C175444787 @default.
- W2095118045 hasConceptScore W2095118045C17744445 @default.
- W2095118045 hasConceptScore W2095118045C199539241 @default.
- W2095118045 hasConceptScore W2095118045C201717286 @default.
- W2095118045 hasConceptScore W2095118045C205706631 @default.
- W2095118045 hasConceptScore W2095118045C58694771 @default.
- W2095118045 hasLocation W20951180451 @default.
- W2095118045 hasLocation W20951180452 @default.
- W2095118045 hasOpenAccess W2095118045 @default.
- W2095118045 hasPrimaryLocation W20951180451 @default.
- W2095118045 hasRelatedWork W1481701059 @default.
- W2095118045 hasRelatedWork W1583644600 @default.
- W2095118045 hasRelatedWork W1981407767 @default.
- W2095118045 hasRelatedWork W2012953103 @default.
- W2095118045 hasRelatedWork W2037422569 @default.
- W2095118045 hasRelatedWork W2082366297 @default.
- W2095118045 hasRelatedWork W2095118045 @default.
- W2095118045 hasRelatedWork W2117901434 @default.
- W2095118045 hasRelatedWork W2736942217 @default.
- W2095118045 hasRelatedWork W3122975085 @default.
- W2095118045 isParatext "false" @default.
- W2095118045 isRetracted "false" @default.
- W2095118045 magId "2095118045" @default.
- W2095118045 workType "book-chapter" @default.