8 Matching Annotations
- Mar 2021
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publicinfrastructure.org publicinfrastructure.org
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<small><cite class='h-cite via'>ᔥ <span class='p-author h-card'>Jeremy Cherfas</span> in IndieWeb chat (<time class='dt-published'>03/11/2021 14:46:39</time>)</cite></small>
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en.wikipedia.org en.wikipedia.org
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- Dec 2020
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www.youtube.com www.youtube.com
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open.spotify.com open.spotify.com
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- Nov 2020
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whatever.scalzi.com whatever.scalzi.com
- Sep 2020
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www.youtube.com www.youtube.com
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neilyoungarchives.com neilyoungarchives.com
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Via Whatever.
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- Feb 2020
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www.fmassari.com www.fmassari.com
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The rational expectation and thelearning-from-price literatures argue that equilibrium prices are accurate becausethey reveal and aggregate the information of all market participants. The MarketSelection Hypothesis,MSH, proposes instead that prices become accurate becausethey eventually reflect only the beliefs of the most accurate agent. The Wisdomof the Crowd argument,WOC, however suggests that market prices are accuratebecause individual, idiosyncratic errors are averaged out by the price formationmechanism
Three models (arguments for) drivers of market efficiency
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