Evolutionary dynamics in markets with many trader types

From MaRDI portal
Publication:556400

DOI10.1016/j.jmateco.2004.02.002zbMath1118.91048OpenAlexW2017472965MaRDI QIDQ556400

Florian O. O. Wagener, Cars H. Hommes, William A. Brock

Publication date: 13 June 2005

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: http://cendef.uva.nl/binaries/content/assets/subsites/amsterdam-school-of-economics/amsterdam-school-of-economics-research-institute/cendef/working-papers-2002/jme.pdf?1417180529305




Related Items (39)

Hierarchical information and the rate of information diffusionEvolution of heterogeneous beliefs and asset overvaluationAn evolutionary finance model with short selling and endogenous asset supplyHeterogeneous expectations in monetary DSGE modelsEmpirical properties of a heterogeneous agent model in large dimensionsA laboratory experiment on the heuristic switching modelOn the Concept of Endogenous VolatilityManaging monetary policy in a New Keynesian model with many beliefs typesMarket equilibria under procedural rationalityStochastic equilibria of an asset pricing model with heterogeneous beliefs and random dividendsAn analysis of the effect of noise in a heterogeneous agent financial market modelExchange rate bifurcation in a stochastic evolutionary finance modelEvolutionary finance and dynamic gamesProcedural rationality, asset heterogeneity and market selectionWealth-driven competition in a speculative financial market: examples with maximizing agentsPopularity of reinforcement-based and belief-based learning models: an evolutionary approachBehavioral equilibrium and evolutionary dynamics in asset marketsAnalysis of a heterogeneous trader model for asset price dynamicsManaging unanchored, heterogeneous expectations and liquidity trapsAsset price dynamics when behavioural heterogeneity variesComplex price dynamics in a financial market with imitationNecessary and sufficient conditions for the roots of a cubic polynomial and bifurcations of codimension-1, -2, -3 for 3D mapsHerding, a-synchronous updating and heterogeneity in memory in a CBSAsset price dynamics with heterogeneous beliefs and local network interactionsEquilibria, stability and asymptotic dominance in a speculative market with heterogeneous tradersSticky information and model uncertainty in survey data on inflation expectationsIntrinsic heterogeneity in expectation formationMarket selection and survival of investment strategiesEquilibria in financial markets with heterogeneous agents: a probabilistic perspectiveGenetic learning as an explanation of stylized facts of foreign exchange marketsBubbles and crashes: gradient dynamics in financial marketsAn evolutionary finance model with a risk-free assetDynamic analysis of the rental prices of long-rental apartments and ordinary rental housing based on the impact of long-rental apartment enterprises' competitive behaviorsAn evolutionary game theory explanation of ARCH effectsAsset price dynamics in a chartist-fundamentalist model with time delays: a bifurcation analysisEFFECTS OF CONTRARIAN INVESTOR TYPE IN ASSET PRICE DYNAMICSLEARNING DYNAMICS AND NONLINEAR MISSPECIFICATION IN AN ARTIFICIAL FINANCIAL MARKETIS MORE MEMORY IN EVOLUTIONARY SELECTION (DE)STABILIZING?A heterogeneous boundedly rational expectation model for housing market



Cites Work


This page was built for publication: Evolutionary dynamics in markets with many trader types