The microeconomic foundations of instability in financial markets

MaRDI QIDQ3400732zbMATH OpenFDO

Authors Alan P. Kirman

Publication date 5 February 2010

zbMATH Keywords

CAPMequilibrium pricechoice ruleagents' forecast/demand

Mathematics Subject Classification ID

Economic time series analysis (91B84) Statistical methods; risk measures (91G70) Heterogeneous agent models (91B69)

Recommendations

• Microeconomic Models for Long Memory in the Volatility of Financial Time Series
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Cited in

(5)

• Switching rates and the asymptotic behavior of herding models
• Eroding market stability by proliferation of financial instruments
• Microfoundations for diffusion price processes
• Masanao Aoki's solution to the finite size effect of behavioral finance models
• Microeconomic Models for Long Memory in the Volatility of Financial Time Series

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