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Cards deal blow to market theory

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Rare real-life test of economics tenet finds flaws in its assumptions.

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References

  1. List, J. A. Testing neoclassical competitive market theory in the field. Proceedings of the National Academy of Sciences USA, published online, doi:10.1073/pnas.202602999 (2002).

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Authors
  1. Philip Ball
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Ball, P. Cards deal blow to market theory. Nature (2002). https://doi.org/10.1038/news021111-3

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  • DOI: https://doi.org/10.1038/news021111-3

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