We were just here, what was the point of that!? This is where we were. Why didn’t we just stay here? We would have been first.
Would Time Travellers Affect Security Prices?
Financial markets in a world with time travel would look very different from ours. But would time travellers come to our time, making our markets look like theirs? This paper discusses this issue and related matters such as the problem of prediction in financial economics, the nature of security prices, the social and mental nature of financial reality, and the relation of Financial Economics to Physics. It presents a solution to the problem of bilking behaviour of time travellers, and gives a definite answer to the title question.
