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- W3125689208 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.
- W3125689208 created "2021-02-01" @default.
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- W3125689208 date "2009-12-01" @default.
- W3125689208 modified "2023-09-23" @default.
- W3125689208 title "A Necessary and Sufficient Condition for Convergence of Statistical to Strategic Equilibria of Market Games" @default.
- W3125689208 hasPublicationYear "2009" @default.
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