Author: Publisher:
ISBN: 9789521015182
Category :
Languages : en
Pages :
Book Description
Learning with Heterogeneous Expectations in an Evolutionary World
Author: Learning with Heterogeneous Expectations in an Evolutionary World
Author: Eran Alan GusePublisher:
ISBN:
Category : Learning
Languages : en
Pages : 27
Book Description
Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems
Author: Cars HommesPublisher: Cambridge University Press
ISBN: 110701929X
Category : Business & Economics
Languages : en
Pages : 273
Book Description
Recognising that the economy is a complex system with boundedly rational interacting agents, applies complexity modelling to economics and finance.
Learning and Evolution in a Heterogeneous Population
Author: Ed HopkinsPublisher:
ISBN:
Category : Game theory
Languages : en
Pages : 28
Book Description
Bank of Finland Discussion Papers
Author: Dissertation Abstracts International
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 584
Book Description
Collective Learning, Innovation and Growth in a Boundedly Rational, Evolutionary World
Author: Gerald SilverbergHandbook of Financial Markets: Dynamics and Evolution
Author: Thorsten HensPublisher: Elsevier
ISBN: 0080921434
Category : Business & Economics
Languages : en
Pages : 607
Book Description
The models of portfolio selection and asset price dynamics in this volume seek to explain the market dynamics of asset prices. Presenting a range of analytical, empirical, and numerical techniques as well as several different modeling approaches, the authors depict the state of debate on the market selection hypothesis. By explicitly assuming the heterogeneity of investors, they present models that are descriptive and normative as well, making the volume useful for both finance theorists and financial practitioners. - Explains the market dynamics of asset prices, offering insights about asset management approaches - Assumes a heterogeneity of investors that yields descriptive and normative models of portfolio selections and asset pricing dynamics
Equilibrium, Markets and Dynamics
Author: Cars H. HommesPublisher: Springer Science & Business Media
ISBN: 3642561314
Category : Business & Economics
Languages : en
Pages : 344
Book Description
This book contains essays in honour of Claus Weddepohl who, after 22 years, is retiring as professor of mathematical economics at the Department of Quantitative Economics of the University of Amsterdam. Claus Weddepohl may be viewed as th~ first Dutch mathematical economist in the general equi librium tradition of Arrow, Debreu and Hahn. The essays in this book are centered around the themes Equilibrium, Markets and Dynamics, that have been at the heart of Weddepohl's work on mathematical economics for more than three decades. The essays have been classified according to these three themes. Admittedly such a classification always is somewhat arbitrary, and most essays would in fact fit into two or even all three themes. The essays have been written by international as well as Dutch friends and colleagues including Weddepohl's former Ph. D. students. The book starts with a review of Claus Weddepohl's work by Roald Ramer, who has been working with him in Amsterdam for all those years. The review describes how Weddepohl became fascinated by general equilibrium theory in the early stages of his career, how he has been working on the theory of markets throughout his career, and how he turned to applications of nonlinear dynamics to price adjustment processes in a later stage of his career. The first part of the book, Equilibrium, collects essays with general equilib rium theory as the main theme.
Computational Economics: Heterogeneous Agent Modeling
Author: Cars HommesPublisher: Elsevier
ISBN: 0444641327
Category : Business & Economics
Languages : en
Pages : 836
Book Description
Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity. - Helps readers fully understand the dynamic properties of realistically rendered economic systems - Emphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositions - Provides broad assessments that can lead researchers to recognize new synergies and opportunities