Heterogeneous beliefs and routes to chaos in a simple asset pricing model
AbstractThis paper investigates the dynamics in the simple present discounted value asset pricing model with heterogeneous beliefs.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Dynamics and Control.
Volume (Year): 22 (1998)
Issue (Month): 8-9 (August)
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Web page: http://www.elsevier.com/locate/jedc
Other versions of this item:
- Brock, W.A. & Hommes, C.H., 1996. "Hetergeneous Beliefs and Routes to Chaos in a Simple Asset Pricing Model," Working papers 9621, Wisconsin Madison - Social Systems.
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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