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The information which is available to the group of traders may be '''[[:Category:Perfect information|perfect]]''', i.e. the all information which is needed exists but is private to a subset of the traders, '''[[:Category:Complete information|complete]]''', i.e. each trader only holds uncertain or incomplete information but the combination of the information which is accessible to all traders forms a complete picture of the subject of trade, or '''[[:Category:Incomplete information|incomplete]]''', the available information, private or public, contains a variable level of uncertainty. | The information which is available to the group of traders may be '''[[:Category:Perfect information|perfect]]''', i.e. the all information which is needed exists but is private to a subset of the traders, '''[[:Category:Complete information|complete]]''', i.e. each trader only holds uncertain or incomplete information but the combination of the information which is accessible to all traders forms a complete picture of the subject of trade, or '''[[:Category:Incomplete information|incomplete]]''', the available information, private or public, contains a variable level of uncertainty. | ||
| - | == Why do | + | == Why do traders participate? == |
== Is the market outcome accurate? == | == Is the market outcome accurate? == | ||
| - | == | + | == Does traders' behavior affect market accuracy? == |
=== Manipulation === | === Manipulation === | ||
