Markets are Efficient if and Only if P = NP (papers.ssrn.com)
recommended by 1 user | 2011 | 154 points by ionfish | algorithms & theory | original thread |
One user recommended this thread. What they said:
confluence Sep 29, 2012 | on: Markets are efficient if and only if P = NP | context

A slightly long and/or dodgy video by the professor who wrote this (I'm setting your expectations): http://www.youtube.com/watch?v=7iOJZZFDKpc

I found it rather enlightening - but the paper is still highly readable and I encourage HNers to peruse it and perhaps check out the video as well.

Previous discussions:

http://news.ycombinator.com/item?id=2895474

http://news.ycombinator.com/item?id=1144548

More from the professor: http://philipmaymin.com/cv.pdf?q=phil/cv.pdf