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madihaa
29 days ago
the same author 14 years ago. Markets are Efficient if and Only if P = NP and now Markets are competitive if and only if P != NP
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1773169&...
1 comments
apothegm
29 days ago
Which would in turn imply that markets cannot be simultaneously efficient and competitive.
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