In this paper we study the adaptive rational equilibrium dynamics in a simple asset pricing model introduced by Brock and Hommes (System Dynamics in Economic and Financial Models, Wiley, Chichester, 1997, pp. 3}44; Journal of Economic Dynamics and Control, 22, 1998, 1235}1274). Traders have heteroge
โฆ LIBER โฆ
Endogenous matching in a market with heterogeneous principals and agents
โ Scribed by Konstantinos Serfes
- Publisher
- Springer-Verlag
- Year
- 2007
- Tongue
- English
- Weight
- 376 KB
- Volume
- 36
- Category
- Article
- ISSN
- 0020-7276
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