Can irrational investors survive in the long run? The role of generational type transmission

DOI10.1016/J.ECONLET.2015.12.008MaRDI QIDQ1668027zbMATHOpenAlexFDO

Authors Scott S. Condie, Kerk L. Phillips

Publication date 31 August 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2015.12.008

zbMATH Keywords

evolutionary dynamicsnatural selectionfinancial marketsirrationalitymarket dynamics

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• Do Markets Favor Agents able to Make Accurate Predictions?
• Natural selection in financial markets: does it work?

Cited in

(3)

• Do Investors Suffer from Money Illusion? A Direct Test of the Modigliani–Cohn Hypothesis*
• Natural selection in financial markets: does it work?
• Unbiased disagreement in financial markets, waves of pessimism and the risk-return trade-off

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