When I was a wide-eyed youngster, I went to libraries far and wide looking for such books, and never found them. All I could find was a lot of academic/econometric type stuff, which used two pages of equations to tell you how to compute the "equilibrium price."


What they never mention is that the inputs into this equation are never known in their entirety - if they were the answer would be obvious - and the entire game is discovering what information will be included, what information will be left out, and at what costs and texture, as a product of various systems, which convey various incentives, and confer various constraints, upon participants under asymmetric geographic friction conditions!


Some of the books which did the most to speed my thinking along include:


"Knowledge and Decisions" by Thomas Sowell

"The Fatal Conceit" by Friedrich Hayek

"The Theory of Poker" by David Sklansky

"The MPEG Video Compression Standard" by Chad Fogg, et al

"Beebop to the Boolean Boogie" by Clive Maxfield

"Migrations and Cultures" by Thomas Sowell


Hmmmm, I can't think of any others just now. Though it does help to study a little particle phsyics and relativity-type stuff.


Oh, and there is no "equilibrium" price, only a resultant price at a certain moment in "space and time," where spatial coordinates are defined by the intersection of two counterparties (entropically different regions maintained by geographic friction), so that there may be many "resultant" prices produced at different points in the system at the "same time" for the same thing.


(Though what, exactly, "the same thing" means, when we're talking about entirely different utilites for entirely different transactions - and entirely different information about the transactions in the hands of entirely different people - is silly to go into.)


Oh, and there is no "space and time," only a discrete network of sub-microscopic wormholes which resolve themselves into what appear to be "three dimensions" to the human brain as a result of Orderly Feedback Theory - which "Theory" is at the core of my entire marketplace model. But, to reiterate, you won't find OFT, or any other of my wild-eyed assertions, in any book.


There are some basic concepts which can be used to derive most anything, I suspect:


1) The entropy of an object will become equal to the entropy of all objects it is adjacent to, on all sub-spheres and super-spheres,


2) From the point of view of an electron, the entire rest of the universe looks like an anti-electron - almost exactly - but not quite.


3) hmmmmmm......


Either you can picture it or you can't


Anyway, I'm working on a more complete set of rules, and a better way to explain them. Just not working too hard


Good luck, maybe somebody else here can point you in the right direction!


eLROY