[ExI] Efficiency of algorithmic trading

[Stefano Vaj]

On 29 April 2011 11:38, Eugen Leitl <eugen at leitl.org> wrote:
> I'm not singling out particular culprits, merely the fraud cluster
> in finance. The potential for damage is immense, and is not well
> understood by the general public.

I am inclined to agree.

But if the system allows for its being played, or even worse for being
played *legally*, I also suspect that what is wrong is the system. The
rest is simply the mechanics of theory of games and Darwinism at play.

-- 
Stefano Vaj