Freq #72254
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The reason Fisher concluded that the problem is likely insoluble is that the ability of real-world agents to act on new perceived opportunities of arbitrage – including those that turn out to be incorrect – makes stability impossible to demonstrate without additional strong (and unrealistic) assumptions.
Thesaurus
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Word family
Derived forms
insolubilityinsolubilizeinsolublenessinsolubly
Appears in
Etymology
From Middle English insolible, from Middle French insoluble, from Latin insolūbilis, from in- + solūbilis. Piecewise doublet of insolvable and unsolvable. By surface analysis, in- + soluble.