Boom-bust dynamics in a stock market participation model with heterogeneous traders

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2018
Volume: 91
Issue: C
Pages: 458-468

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The boundedly rational heterogeneous agent literature can be considered to have properly started with a number of contributions in the early 90s, with the impressive contribution by Carl Chiarella who, amongst his huge field of research, developed several milestone models of heterogeneous interacting agents that are able to generate a number of dynamic outcomes compatible with the empirical evidence.

Technical Details

RePEc Handle
repec:eee:dyncon:v:91:y:2018:i:c:p:458-468
Journal Field
Macro
Author Count
3
Added to Database
2026-01-24