Heterogeneous fundamentalists and imitative processes

DOI10.1016/J.AMC.2007.09.061MaRDI QIDQ924395zbMATH OpenOpenAlexFDO

Authors Ahmad K. Naimzada, Giorgio Ricchiuti

Publication date 16 May 2008

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL http://repec.dems.unimib.it/repec/pdf/mibwpaper104.pdf

zbMATH Keywords

chaosfinancial marketsheterogeneous interacting agentsmathematical economics

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• A Rational Route to Randomness
• A robust rational route to randomness in a simple asset pricing model
• Commodity markets, price limiters and speculative price dynamics
• Equilibria in financial markets with heterogeneous agents: a probabilistic perspective
• From bi-stability to chaotic oscillations in a macroeconomic model
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• scientific article; zbMATH DE number 47028 (Why is no real title available?)
• The dynamics of speculative behaviour
• The period of financial distress in speculative markets: interacting heterogeneous agents and financial constraints

Cited in

(16)

• Imitation and stability in a stock market
• Rebels lead to the doctrine of the mean: a heterogeneous degroot model
• Uncertainty about fundamental, pessimistic and overconfident traders: a piecewise-linear maps approach
• Heterogeneous fundamentalists in a continuous time model with delays
• A note on biased fundamentalists
• Studying heterogeneity among fundamentalists in financial markets: a note
• Local and global analysis of a speculative housing market with production lag
• A financial market model with endogenous fundamental values through imitative behavior
• Real and financial interacting markets: a behavioral macro-model
• Heterogeneous fundamentalists and market maker inventories
• Investor sentiment and trading behavior
• Eductive stability, heterogeneous information costs and period-two cycle multiplicity
• Dynamic effects of increasing heterogeneity in financial markets
• The inherent law of the unpredictability of financial asset price fluctuations: multistability and chaos
• Rational expectations and differentiated information costs for heterogeneous fundamentalists in an evolutive Muthian cobweb model
• Complex price dynamics in a financial market with imitation

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