Heterogeneous beliefs and adaptive behaviour in a continuous-time asset price model

DOI10.1016/j.jedc.2012.02.002zbMath1239.91112OpenAlexW2126736949MaRDI QIDQ426665

Xue-Zhong He, Kai Li

Publication date: 11 June 2012

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

Full work available at URL: http://hdl.handle.net/10453/18835

zbMATH Keywords

stabilitybounded rationalityheterogeneous beliefsadaptivenessstochastic delay differential equationschartistsfundamentalists

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Heterogeneous agent models (91B69)

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