Market force, ecology and evolution

Markets have internal dynamics leading to excess volatility and other phenomena that are difficult to explain using rational expectations models. This paper studies these using a nonequilibrium price formation rule, developed in the context of trading with market orders. Because this is so much...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолч: Farmer, J
Формат: Journal article
Хэвлэсэн: 2013
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Market Force, Ecology, and Evolution Farmer, J

Хэвлэсэн 2013
Ном
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Market force, ecology and evolution Farmer, J

Хэвлэсэн 1998
Journal article