I don't know. We've seen the idea of rational agents in economics go away, right... | Hacker News

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jbrechtel on Sept 29, 2012 | parent | context | favorite | on: Markets are efficient if and only if P = NP

I don't know. We've seen the idea of rational agents in economics go away, right?

Also...I'm not an economist so I don't really know what's going on in this area...but maybe EMH is still being taught because it's the best model we have at the moment?

Are you sure it's being taught everywhere? Maybe some places have already dropped it? Change takes time.

confluence on Sept 29, 2012 [–]

Rational actor model still reigns supreme.

EMH is taught globally and it will continue to be taught until such a point as people stop believing.

jbrechtel on Sept 29, 2012 | [–]

Awkward...

confluence on Sept 29, 2012 | | [–]

What do you mean?

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