Can the Theory of Algorithms Ratify the "Invisible Hand of the Market"?
Can the Theory of Algorithms Ratify the "Invisible Hand of the Market"?
V. Vazirani
2012 · DOI: 10.1007/978-3-642-30642-6_1
Computer Science Symposium in Russia · 0 Citations
TLDR
Each participant in a competitive economy is ”led by an invisible hand to promote an end which was no part of his intention.