Learning from experience in the stock market

DOI10.1016/j.jedc.2014.11.017zbMath1402.91923OpenAlexW2158223207MaRDI QIDQ1624047

Anton Nakov, Galo Nuño

Publication date: 15 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2014.11.017

zbMATH Keywords

asset pricingheterogeneous beliefsOLGconstant-gain learning

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70) Applications of game theory (91A80) Rationality and learning in game theory (91A26)

Related Items (4)

Two-step estimation in linear regressions with adaptive learning ⋮ Home biased expectations and macroeconomic imbalances in a monetary union ⋮ Nash Q-learning agents in Hotelling's model: reestablishing equilibrium ⋮ Information and inequality

Cites Work

• Unnamed Item
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• Internal rationality, imperfect market knowledge and asset prices
• Behavioral heterogeneity in stock prices
• Adaptive learning in practice
• Monetary policy, learning and the speed of convergence
• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Introduction to the stability of rational expectations equilibrium
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Intrinsic heterogeneity in expectation formation
• Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
• How Fast do Rational Agents Learn?

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