Evolutionary stable stock markets
From MaRDI portal
Publication:2580974
A discrete time stock market model for the time evolution of history-dependent wealth shares of portfolio rules, the price of consumption goods, is studied involved long lived assets and cash with dividends. Evolutionary stable and local stable portfolio rules are described when the market is invaded. Under the assumption of the relative dividend being a stationary Markov process, sufficient condition for stability and for instability are given.
Recommendations
Cited in
(37)- Escaping the Brownian stalkers
- Evolution and market behavior
- Evolution and anti-evolution in a minimal stock market model
- Evolutionary game theory: a renaissance
- Itchy feet vs cool heads: flow of funds in an agent-based financial market
- Evolutionary model of stock markets
- Long-run heterogeneity in an exchange economy with fixed-mix traders
- Evolutionary finance and dynamic games
- Local stability analysis of a stochastic evolutionary financial market model with a risk-free asset
- An evolutionary finance model with short selling and endogenous asset supply
- A continuous-time asset market game with short-lived assets
- Nash equilibrium strategies and survival portfolio rules in evolutionary models of asset markets
- Market selection of constant proportions investment strategies in continuous time
- Momentum and reversal in financial markets with persistent heterogeneity
- The evolution of portfolio rules and the capital asset pricing model
- Simulations of evolutionary models of a stock market
- Is more memory in evolutionary selection (de)stabilizing?
- Construction of different types of dynamics in an evolutionary model of trades in the stock market
- Linearization and local stability of random dynamical systems
- Fixed-mix rules in an evolutionary market using a factor model for dividends
- A CONTINUOUS TIME APPROXIMATION OF AN EVOLUTIONARY STOCK MARKET MODEL
- QUEUING, SOCIAL INTERACTIONS, AND THE MICROSTRUCTURE OF FINANCIAL MARKETS
- Performance of investment strategies in the absence of correct beliefs
- Numerical simulation of a diffusion type evolutionary stock market model
- Asset market games of survival: a synthesis of evolutionary and dynamic games
- The stock market sentiment as a dynamical system
- Almost sure Nash equilibrium strategies in evolutionary models of asset markets
- Evolutionary stability of portfolio rules in incomplete markets
- An evolutionary alternative to rational expectations models of stock markets
- Social contagion and the survival of diverse investment styles
- Capital Growth and Survival Strategies in a Market with Endogenous Prices
- Market equilibria under procedural rationality
- Phenomenological and ratio bifurcations of a class of discrete time stochastic processes
- Optimal growth strategies in a stochastic market model with endogenous prices
- Evolutionary portfolio selection with liquidity shocks
- Globally evolutionarily stable portfolio rules
- From discrete to continuous time evolutionary finance models
This page was built for publication: Evolutionary stable stock markets
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2580974)