An analysis with a few examples
Matteo Morini and Pietro Terna
A few tiny examples about a market built on independent agents, considering (i) a simplified Hayekâs perspective or (ii) an unstructured construction.
A suggested reading about Hayek is a quite recent paper of Bowles et al. (2017).
The explanations of this construction are reported in the microHayekianMarket.pdf file.
The file microHayekianMarket.ipynb contains the examples.
You can: (i) download if from the repository using the Clone or download button, or (ii) run it directly online here: