It directly affects your error estimates. If by “accuracy” you mean “forecasting capability” then inefficiency is a symptom of underlying problems (e.g. too few market participants) which do affect accuracy.
Current theme: default
Less Wrong (text)
Less Wrong (link)
It directly affects your error estimates. If by “accuracy” you mean “forecasting capability” then inefficiency is a symptom of underlying problems (e.g. too few market participants) which do affect accuracy.