Fundamentalists vs. chartists: learning and predictor choice dynamics

DOI10.1016/J.JEDC.2011.01.010MaRDI QIDQ633333zbMATH OpenOpenAlexFDO

Authors Michele Berardi

Publication date 31 March 2011

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://hummedia.manchester.ac.uk/schools/soss/cgbcr/discussionpapers/dpcgbcr104.pdf

zbMATH Keywords

expectationsheterogeneitylearningpredictor choice

Mathematics Subject Classification ID

Economic dynamics (91B55) Heterogeneous agent models (91B69)

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Cites work

• A Rational Route to Randomness
• Heterogeneity and misspecifications in learning
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• scientific article; zbMATH DE number 1281936 (Why is no real title available?)
• Informational differences and learning in an asset market with boundedly rational agents
• Intrinsic heterogeneity in expectation formation
• Least squares learning with heterogeneous expectations
• STABILITY AND CYCLES IN A COBWEB MODEL WITH HETEROGENEOUS EXPECTATIONS
• Stability properties for learning with heterogeneous expectations and multiple equilibria
• Stable sunspot solutions in models with predetermined variables
• The dynamics of speculative behaviour

Cited in

(4)

• Adaptively evolving expectations in models of monetary dynamics: The fundamentalists forward looking
• Adaptive learning, endogenous uncertainty, and asymmetric dynamics
• Fundamentalists, chartists and asset pricing anomalies
• Synchronization of fractional order supply chain model and financial model

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