Evolutionary Stable Stock Markets
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- Igor Evstigneev & Thorsten Hens & Klaus Schenk-Hoppé, 2006. "Evolutionary stable stock markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 27(2), pages 449-468, January.
- Igor Evstigneev & Thorsten Hens & Klaus Reiner Schenk-Hoppé, 2003. "Evolutionary Stable Stock Markets," Discussion Papers 03-39, University of Copenhagen. Department of Economics.
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Cited by:
- Palczewski, Jan & Schenk-Hoppé, Klaus Reiner & Wang, Tongya, 2016.
"Itchy feet vs cool heads: Flow of funds in an agent-based financial market,"
Journal of Economic Dynamics and Control, Elsevier, vol. 63(C), pages 53-68.
- Jan Palczewsk & Klaus Reiner Schenk-Hoppé & Tongya Wang, 2015. "Itchy Feet vs Cool Heads: Flow of Funds in an Agent-based Financial Market," The School of Economics Discussion Paper Series 1507, Economics, The University of Manchester.
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- Anufriev, Mikhail & Bottazzi, Giulio, 2010.
"Market equilibria under procedural rationality,"
Journal of Mathematical Economics, Elsevier, vol. 46(6), pages 1140-1172, November.
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- Igor V. Evstigneev & Thorsten Hens & Klaus Reiner Schenk-Hoppé, 2008. "Evolutionary Finance," Swiss Finance Institute Research Paper Series 08-14, Swiss Finance Institute.
- LeBaron, Blake, 2012.
"Heterogeneous gain learning and the dynamics of asset prices,"
Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 424-445.
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- Mikhail Anufriev & Pietro Dindo, 2009. "Wealth-driven Selection in a Financial Market with Heterogeneous Agents," Post-Print hal-00763494, HAL.
- Palczewski, Jan & Schenk-Hoppé, Klaus Reiner, 2010.
"From discrete to continuous time evolutionary finance models,"
Journal of Economic Dynamics and Control, Elsevier, vol. 34(5), pages 913-931, May.
- Jan PALCZEWSKI & Klaus Reiner SCHENK-HOPPE, 2008. "From Discrete to Continuous Time Evolutionary Finance Models," Swiss Finance Institute Research Paper Series 08-30, Swiss Finance Institute.
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"Is increased price flexibility stabilizing? Redux,"
Journal of Monetary Economics, Elsevier, vol. 100(C), pages 66-82.
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- Saroj Bhattara & Gauti Eggertsson & Raphael Schoenle, 2012. "Is Increased Price Flexibility Stabilizing? Redux," Working Papers 41, Brandeis University, Department of Economics and International Businesss School.
- Saroj Bhattarai & Gauti B. Eggertsson & Raphael Schoenle, 2012. "Is increased price flexibility stabilizing? Redux," Staff Reports 540, Federal Reserve Bank of New York.
- Andrew W. Lo & H. Allen Orr & Ruixun Zhang, 2018. "The growth of relative wealth and the Kelly criterion," Journal of Bioeconomics, Springer, vol. 20(1), pages 49-67, April.
- Thomas Holtfort, 2019. "From standard to evolutionary finance: a literature survey," Management Review Quarterly, Springer, vol. 69(2), pages 207-232, June.
- Giulio Bottazzi & Pietro Dindo & Daniele Giachini, 2019.
"Momentum and reversal in financial markets with persistent heterogeneity,"
Annals of Finance, Springer, vol. 15(4), pages 455-487, December.
- Giulio Bottazzi & Pietro Dindo & Daniele Giachini, 2018. "Momentum and Reversal in Financial Markets with Persistent Heterogeneity," Working Papers 2018:03, Department of Economics, University of Venice "Ca' Foscari".
- Giulio Bottazzi & Pietro Dindo & Daniele Giachini, 2018. "Momentum and Reversal in Financial Markets with Persistent Heterogeneity," LEM Papers Series 2018/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Giulio Bottazzi & Pietro Dindo & Daniele Giachini, 2018.
"Long-run heterogeneity in an exchange economy with fixed-mix traders,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(2), pages 407-447, August.
- Giulio Bottazzi & Pietro Dindo & Daniele Giachini, 2015. "Long-run Heterogeneity in an Exchange Economy with Fixed-Mix Traders," LEM Papers Series 2015/29, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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"Evolutionary portfolio selection with liquidity shocks,"
Journal of Economic Dynamics and Control, Elsevier, vol. 32(4), pages 1088-1119, April.
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- H. Allen Orr, 2018. "Evolution, finance, and the population genetics of relative wealth," Journal of Bioeconomics, Springer, vol. 20(1), pages 29-48, April.
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- Jonathan Newton, 2018. "Evolutionary Game Theory: A Renaissance," Games, MDPI, Open Access Journal, vol. 9(2), pages 1-67, May.
- W. Bahsoun & I. Evstigneev & L. Xu, 2011. "Almost sure Nash equilibrium strategies in evolutionary models of asset markets," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 73(2), pages 235-250, April.
- Palczewski, Jan & Schenk-Hoppé, Klaus Reiner, 2010.
"Market selection of constant proportions investment strategies in continuous time,"
Journal of Mathematical Economics, Elsevier, vol. 46(2), pages 248-266, March.
- Jan PALCZEWSKI & Klaus Reiner SCHENK-HOPPE, 2008. "Market Selection of Constant Proportions Investment Strategies in Continuous Time," Swiss Finance Institute Research Paper Series 08-29, Swiss Finance Institute.
- Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2006.
"On the Evolution of Investment Strategies and the Kelly Rule – A Darwinian Approach,"
Discussion Papers
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- Terje Lensberg & Klaus Reiner Schenk-Hoppe, 2006. "On the Evolution of Investment Strategies and the Kelly Rule – A Darwinian Approach," Swiss Finance Institute Research Paper Series 06-38, Swiss Finance Institute.
- Evstigneev, Igor V. & Hens, Thorsten & Schenk-Hoppé, Klaus Reiner, 2008.
"Globally evolutionarily stable portfolio rules,"
Journal of Economic Theory, Elsevier, vol. 140(1), pages 197-228, May.
- Evstigneev, Igor V. & Hens, Thorsten & Schenk-Hoppé, Klaus Reiner, 2005. "Globally Evolutionarily Stable Portfolio Rules," Discussion Papers 2005/17, Norwegian School of Economics, Department of Business and Management Science.
- Thorsten Hens & Terje Lensberg & Klaus Schenk-Hoppé & Peter Wöhrmann, 2011. "An evolutionary explanation of the value premium puzzle," Journal of Evolutionary Economics, Springer, vol. 21(5), pages 803-815, December.
More about this item
Keywords
evolutionary .nance; portfolio theory; incomplete markets;JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2003-11-09 (Corporate Finance)
- NEP-FMK-2003-11-09 (Financial Markets)
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