๐”– Bobbio Scriptorium
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Heterogeneous Beliefs, Risk and Learning in a Simple Asset Pricing Model

โœ Scribed by Carl Chiarella; Xue-Zhong He


Book ID
110332502
Publisher
Springer US
Year
2002
Tongue
English
Weight
330 KB
Volume
19
Category
Article
ISSN
1572-9974

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๐Ÿ“œ SIMILAR VOLUMES


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โœ William A. Brock; Cars H. Hommes ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 598 KB

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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