Evolutionary beliefs and financial markets

DOI10.1093/ROF/RFS004MaRDI QIDQ4963397zbMATH OpenOpenAlexFDO

Authors Elyès Jouini, Clotilde Napp, Yannick Viossat

Publication date 2 November 2018

Published in Review of Finance (Search for Journal in Brave)

Full work available at URL https://basepub.dauphine.fr/handle/123456789/5772

zbMATH Keywords

beliefs dynamicsNash equilibriumoptimismpessimismstrategic belief choices

Mathematics Subject Classification ID

2-person games (91A05) Evolutionary games (91A22) Decision theory (91B06) Actuarial science and mathematical finance (91G99)

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(10)

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• Live fast, die young
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• An evolutionary CAPM under heterogeneous beliefs
• Experience effects in finance: foundations, applications, and future directions
• Rational beliefs when the truth is not an option
• Evolution of heterogeneous beliefs and asset overvaluation

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