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of 413
pro vyhledávání: '"HOMMES, CARS"'
Publikováno v:
In Journal of Economic Behavior and Organization April 2024 220:813-837
Publikováno v:
In Journal of Economic Dynamics and Control October 2024
Publikováno v:
In Journal of Economic Dynamics and Control October 2024
Autor:
Gaunersdorfer, Andrea, Hommes, Cars H.
We introduce a simple asset pricing model with two types of adaptively learning traders, fundamentalists and technical traders. Traders update their beliefs according to past performance and to market conditions. The model generates endogenous price
Externí odkaz:
http://epub.wu.ac.at/434/1/document.pdf
A simple asset pricing model with two types of adaptively learning traders, fundamentalists and technical analysts, is studied. Fractions of these trader types, which are both boundedly rational, change over time according to evolutionary learning, w
Externí odkaz:
http://epub.wu.ac.at/522/1/document.pdf
Autor:
Gaunersdorfer, Andrea, Hommes, Cars H.
A simple nonlinear structural model of endogenous belief heterogeneity is proposed. News about fundamentals is an IID random process, but nevertheless volatility clustering occurs as an endogenous phenomenon caused by the interaction between differen
Externí odkaz:
http://epub.wu.ac.at/380/1/document.pdf
Autor:
HENNEQUIN, MYRNA (AUTHOR), HOMMES, CARS (AUTHOR) C.H.Hommes@uva.nl
Publikováno v:
Journal of Money, Credit & Banking (John Wiley & Sons, Inc.). Mar2024, Vol. 56 Issue 3, p429-454. 26p.
Publikováno v:
In European Economic Review January 2023 151
Publikováno v:
In Journal of Monetary Economics November 2022 132:44-63