Market selection with learning and catching up with the Joneses
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Publication:1945041
DOI10.1007/S00780-012-0187-YzbMath1260.91169arXiv1106.3025OpenAlexW2131095804MaRDI QIDQ1945041
Publication date: 2 April 2013
Published in: Finance and Stochastics (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/1106.3025
learningnatural selectioncatching up with the Jonesesdiverse beliefsheterogeneous equilibriumsurvival index
Utility theory (91B16) Dynamic stochastic general equilibrium theory (91B51) Heterogeneous agent models (91B69)
Related Items (3)
Markets with heterogeneous beliefs: a necessary and sufficient condition for a trader to vanish ⋮ Survival in speculative markets ⋮ Market selection with an endogenous state
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