Zobrazeno 1 - 10
of 192
pro vyhledávání: '"Xue Zhong He"'
Publikováno v:
Journal of Economic Behavior & Organization. 203:125-149
Autor:
Xue-Zhong He, Lei Shi
Publikováno v:
Journal of Management Science and Engineering, Vol 1, Iss 1, Pp 94-113 (2016)
Abstract:: This paper provides a difference-in-opinions equilibrium framework for pricing asset and option in a multi-period binomial economy with heterogeneous beliefs. Agents agree to disagree about their beliefs on the probability and asset return
Externí odkaz:
https://doaj.org/article/c236e1c18dc642538fa1fbf324d75780
Autor:
Nihad Aliyev, Xue-Zhong He
Publikováno v:
Understanding Complex Systems ISBN: 9783031152931
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f7b17814f2407181f51ba66bae33b6b5
https://doi.org/10.1007/978-3-031-15294-8_6
https://doi.org/10.1007/978-3-031-15294-8_6
Autor:
Xue-Zhong He, Roberto Dieci
Publikováno v:
Decisions in Economics and Finance. 44:727-754
This paper presents a stylized model of interaction among boundedly rational heterogeneous agents in a multi-asset financial market to examine how agents’ impatience, extrapolation, and switching behaviors can affect cross-section market stability.
Autor:
Nihad Aliyev, Xue-Zhong He
Publikováno v:
Journal of Mathematical Economics. 106:102842
Publikováno v:
International Review of Financial Analysis. 62:135-149
© 2018 Elsevier Inc. Studies on financial markets have accumulated consistent evidences of stylized facts and anomalies, which can be characterized by stochastic switching among different co-existing market states but yet difficult to reconcile with
Publikováno v:
Journal of Economic Dynamics and Control. 139:104438
The creative destruction wrought by high-frequency algorithmic tradinghas raised increasing concerns about the eect of machine learning behaviorsand ultra high-frequency trading in finnancial markets. By employing a geneticalgorithm with a classifer
Autor:
Xue-Zhong He, Xiaoyu Zong
Publikováno v:
SSRN Electronic Journal.
Stockholders are faced with both macroeconomic uncertainty and uncertainty that is generated from fears. We develop a financial stress factor as a proxy for pessimism that operates through stockholders' expectations about the elevated market volatili
Publikováno v:
New Facets of Economic Complexity in Modern Financial Markets ISBN: 9780429198557
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5d15cdcf0354c41f31ce59743c1b4ec6
https://doi.org/10.4324/9780429198557-4
https://doi.org/10.4324/9780429198557-4
Publikováno v:
SSRN Electronic Journal.
This paper examines how technological innovations drive fast trading investment for both speculators and exchanges and their impact on market. The negative externality of the speed acquisition from fast speculators can result in excessive investment,