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From: "The Shape of Market Profit-Seeking".
The profit structure of dispersed individuals, combined with a little greed-driven human consensus, outlines the entire shape of market profit-seeking.
The convexity of the overall market profit function can be understood as a geometric expression of individual structures and consensus. Each decision-maker doesn't actually need to understand the entire market's shape; they only need to choose the optimal action within their feasible options at the given price.