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		aprime on Feb 23, 2010 \| parent \| context \| favorite \| on: Markets are efficient if and only if P = NP Doesn't this only prove that there cannot be an efficient market for these special "Turing machine" bonds?

jplewicke on Feb 23, 2010 [–]

That's definitely true. It's only a counterproof to some extremely strong versions of the EMH that assume that you can buy any possible asset or derivative. http://en.wikipedia.org/wiki/Complete_market

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