Market selection with learning and catching up with the Joneses

DOI10.1007/S00780-012-0187-YzbMath1260.91169arXiv1106.3025OpenAlexW2131095804MaRDI QIDQ1945041

Roman Muraviev

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

zbMATH Keywords

learningnatural selectioncatching up with the Jonesesdiverse beliefsheterogeneous equilibriumsurvival index

Mathematics Subject Classification ID

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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