Two things come to mind, but they are possibly only tangentially related. First: the second half of McAfee’s economic analysis (available online) is devoted to market inefficiencies. Second: there’s a chapter in Jaynes book about group invariance, that is how a piece of information can leave the prediction of a set of agents unchanged. Might be relevant.
Two things come to mind, but they are possibly only tangentially related.
First: the second half of McAfee’s economic analysis (available online) is devoted to market inefficiencies.
Second: there’s a chapter in Jaynes book about group invariance, that is how a piece of information can leave the prediction of a set of agents unchanged. Might be relevant.