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Heterogeneous trading and complex price dynamics

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  • Mengling Li

    (Xiamen University)

  • Huanhuan Zheng

    (The Chinese University of Hong Kong)

Abstract

We review the book “Behavioural Rationality and Heterogeneous Expectations in Complex Economic Systems” written by Cars Hommes and discuss the research trends on the dynamic interaction between heterogeneous investment and complex asset price movements.

Suggested Citation

  • Mengling Li & Huanhuan Zheng, 2017. "Heterogeneous trading and complex price dynamics," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 12(2), pages 437-442, July.
    • Handle: RePEc:spr:jeicoo:v:12:y:2017:i:2:d:10.1007_s11403-017-0196-1
    DOI: 10.1007/s11403-017-0196-1
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    References listed on IDEAS

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    2. Liyun Zhou & Chunpeng Yang, 2019. "Differences in the effects of seller-initiated versus buyer-initiated crowded trades in stock markets," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(4), pages 859-890, December.
    3. Thomas Holtfort, 2019. "From standard to evolutionary finance: a literature survey," Management Review Quarterly, Springer, vol. 69(2), pages 207-232, June.

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