๐”– Bobbio Scriptorium
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An Evolutionary Game Model of Financial Markets with Heterogeneous Players

โœ Scribed by Li, Honggang; Wu, Chensheng; Yuan, Mingyu


Book ID
123253817
Publisher
Elsevier
Year
2013
Tongue
English
Weight
295 KB
Volume
17
Category
Article
ISSN
1877-0509

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In this paper we study the price dynamics in a simple model of financial markets with heterogeneous-agents. We concentrate on how increase in the total number of active traders influences on fluctuations of asset prices. We find that a curious route to chaos is observed when the total number of acti