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Estimation of an adaptive stock market model with heterogeneous agents

โœ Scribed by Henrik Amilon


Book ID
116641604
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
659 KB
Volume
15
Category
Article
ISSN
0927-5398

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Intermittent chaos in a model of financi
โœ Taisei Kaizoji ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 277 KB

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