## Content

### 2016

**16-08 Evolutionary Cournot competition with endogenous technology choice: (in)stability and optimal policy***by*Lamantia, F. & Negriu, A. & Tuinstra, J.**16-07 The formation of a core periphery structure in heterogeneous financial networks***by*van der Leij, M. & in 't Veld, D. & Hommes, C.H.**16-06 Learning to believe in Simple Equilibria in a Complex OLG Economy - evidence from the lab***by*Arifovic, J. & Hommes, C.H. & Salle, I.**16-05 Persistence and volatility of Beveridge cycles***by*Sniekers, F.**16-04 Is the Market Really a Good Teacher?***by*Seppecher, P. & Salle, I. & Lang, D.**16-03 Behavioral Learning Equilibria, Persistence Amplification & Monetary Policy***by*Hommes, C.H. & Zhu, M.**16-02 Comparing Density Forecasts in a Risk Management Context***by*Diks, C.G.H. & Fang, H.**16-01 Managing Heterogeneous and Unanchored Expectations: A Monetary Policy Analysis***by*Hommes, C.H. & Lustenhouwer, J.

### 2015

**15-12 Can a stochastic cusp catastrophe model explain housing market crashes?***by*Wang, J.**15-11 Monetary and Fiscal Policy Design at the Zero Lower Bound - Evidence from the Lab***by*Hommes, C.H. & Massaro, D. & Salle, I.**15-10 When Speculators Meet Constructors: Positive and Negative Feedback in Experimental Housing Markets***by*Hommes, C.H. & Bao, T.**15-09 Microfoundations for Switching Behavior in Heterogeneous Agent Models: An Experiment***by*Anufriev, M. & Bao, T. & Tuinstra, J.**15-08 Networks of Heterogeneous Expectations in an Asset Pricing Market***by*Makarewicz, T.A.**15-07 Simple Forecasting Heuristics that Make us Smart: Evidence from Different Market Experiments***by*Anufriev, M. & Hommes, C.H. & Makarewicz, T.A.**15-06 Equilibrium Type of Competition with Horizontal Product Innovation***by*Negriu, A.**15-05 Path Dependent Coordination of Expectations in Asset Pricing Experiments: a Behavioral Explanation***by*Agliari, A. & Hommes, C.H. & Pecora, N.**15-04 Critical Slowing Down as Early Warning Signals for Financial Crises?***by*Diks, C.G.H. & Hommes, C.H. & Wang, J.**15-03 Inflation Targeting and Liquidity Traps under Endogenous Credibility***by*Hommes, C.H. & Lustenhouwer, J.**15-02 Non-Recourse Mortgage and Housing Price Boom, Bust, and Rebound***by*Bao, T. & Ding, L.**15-01 Genetic Algorithm Learning in a New Keynesian Macroeconomic Setup***by*Hommes, C.H. & Makarewicz, T.A. & Massaro, D. & Smits, T.

### 2014

**14-15 Discretionary Authority and Prioritizing in Government Agencies***by*Schinkel, M.P. & TÃ³th, L. & Tuinstra, J.**14-14 Booms, busts and behavioural heterogeneity in stock prices***by*Hommes, C.H. & in 't Veld, D.**14-13 Identifying Booms and Busts in House Prices under Heterogeneous Expectations***by*Bolt, W. & Demertzis, D. & Diks, C.G.H. & Van der Leij, M.J.**14-12 Inflation Targeting, Recursive Inattentiveness and Heterogeneous Beliefs***by*Agliari, A. & Massaro, D. & Pecora, N. & Spelta, A.**14-11 Persistence and volatility of Beveridge cycles***by*Sniekers, F.**14-10 Deleveraging crises and deep recessions: a behavioural approach***by*Seppecher, P. & Salle, I.**14-09 Identifying causal relationships in case of non-stationary time series***by*Papana, A. & Kyrtsou, K. & Kugiumtzis, D. & Diks, C.G.H.**14-08 Assessment of Resampling Methods for Causality Testing***by*Papana, A. & Kyrtsou, K. & Kugiumtzis, D. & Diks, C.G.H.**14-07 Managing Self-organization of Expectations through Monetary Policy: a Macro Experiment***by*Assenza, T. & Heemeijer, P. & Hommes, C.H. & Massaro, D.**14-06 Coexisting stable equilibria under least squares learning***by*Kopányi, D.**14-05 Experiments on Expectations in Macroeconomics and Finance***by*Assenza, T. & Bao, T. & Massaro, D. & Hommes, C.H.**14-04 The formation of a core periphery structure in heterogeneous financial networks***by*Hommes, C.H. & in 't Veld, D. & van der Leij, M.**14-03 How to boost the production of free services: In search of the holy referee grail***by*Canoy, M. & in 't Veld, D.**14-02 The order of buying and selling: Multiple equilibria in the housing market***by*Sniekers, F.J.T.**14-01 Bubble Formation and (In)efficient Markets in Learning-to-Forecast and -Optimize Experiments***by*Bao, T. & Hommes, C.H. & Makarewicz, T.A.

### 2013

**13-19 Reflexivity, Expectations Feedback and Almost Self-fulfilling Equilibria: Economic Theory, Empirical Evidence and Laboratory Experiments***by*Hommes, C.H.**13-18 Innovate or Imitate? Behavioural Technological Change***by*Hommes, C.H. & Zeppini Rossi, P.**13-17 Behaviorally Rational Expectations and Almost Self-Fulfilling Equilibria***by*Hommes, C.H.**13-16 Partial Symbolic Transfer Entropy***by*Papana, A. & Kyrtsou, K. & Kugiumtzis, D. & Diks, C.G.H.**13-15 Nonlinear Granger Causality: Guidelines for Multivariate Analysis***by*Diks, C.G.H. & Wolski, M.**13-14 Exploring Nonlinearities in Financial Systemic Risk***by*Wolski, M.**13-13 Price-Quantity Competition under Strategic Uncertainty***by*Kopányi, D.**13-12 Endogenous Beveridge cycles and the volatility of unemployment***by*Sniekers, F.J.T.**13-11 A Discrete Choice Model of Transitions to Sustainable Technologies***by*Zeppini Rossi, P.**13-10 Financial architecture and industrial technology: A co-evolutionary model***by*Negriu, A.**13-09 Evolution of Reciprocity in Asymmetric International Environmental Negotiations***by*De Zeeuw, A. & Ochea, M.**13-08 Economics of environmental regime shifts***by*Wagener, F.O.O.**13-07 Expectations in Experiments***by*Wagener, F.O.O.**13-06 Intertemporal Greenwald-Stiglitz***by*Assenza, T. & Delli Gatti, D.**13-05 In Defense of Trusts: R&D Cooperation in Global Perspective***by*Hinloopen, J. & Smrkolj, G. & Wagener, F.O.O.**13-04 Fund Choice Behavior and Estimation of Switching Models: An Experiment***by*Anufriev, M. & Tuinstra, J. & Bao, T.**13-03 Markov=Perfect Nash Equilibria in Models With a Single Capital Stock***by*Dockner, E.J. & Wagener, F.O.O.**13-02 Strategies and Evolution in the Minority Game: A Multi- Round Strategy Experiment***by*Sonnemans, J. & Tuinstra, J. & Linde, J.**13-01 The impact of short-selling constraints on financial market stability in a heterogeneous agents model***by*Anufriev, M. & Tuinstra, J.

### 2012

**12-10 Evolution of Repeated Prisoner's Dilemma Play under Logit Dynamics***by*Ochea, M.**12-09 Behavioral Learning Equilibria***by*Hommes, C.H. & Zhu, M.**12-08 E Pluribus Unum: Macroeconomic Modelling for Multi-agent Economies***by*Assenza, T. & Delli Gatti, D.**12-07 Animal Spirits, Heterogeneous Expectations and the Amplification and Duration of Crises***by*Assenza, T. & Brock, W.A. & Hommes, C.H.**12-06 Market-Induced Rationalization and Welfare Enhancing Cartels***by*In `t Veld, D. & Tuinstra, J.**12-05 Learning Cycles in Bertrand Competition with Differentiated Commodities and Competing Learning Rules***by*Anufriev, M. & Tuinstra, J. & Kopányi, D.**12-04 Volatility: Expectations and Realizations***by*Peters, R. & van der Weide, R.**12-03 Behavioral Heterogeneity in U.S. Inflation Dynamics***by*Cornea, A. & Hommes, C.H. & Massaro, D.**12-02 Regime shifts: early warnings***by*Massaro, D.**12-01 Regime shifts: early warnings***by*Wagener, F.O.O.

### 2011

**11-12 Complex Methods in Economics: An Example of Behavioral Heterogeneity in House Prices***by*Bolt, W. & Demertzis, D. & Diks, C.G.H. & Van der Leij, M.J.**11-11 From Mind to Market: A Global, Dynamic Analysis of R&D***by*Hinloopen, J. & Smrkolj, G. & Wagener, F.O.O.**11-10 On the stability of the Cournot equilibrium: An evolutionary approach***by*Hommes, C.H. & Ochea, M. & Tuinstra, J.**11-09 Excess Covariance and Dynamic Instability in a Multi-Asset Model***by*Anufriev, M. & Bottazzi, G. & Marsili, M. & Pin, P.**11-08 Learning, Forecasting and Optimizing: an Experimental Study***by*Bao, T. & Duffy, J. & Hommes, C.H.**11-07 Experimental Based, Agent Based Stock Market***by*Grazzini, J.**11-06 Evolutionary Selection of Individual Expectations and Aggregate Outcomes in Asset Pricing Experiments***by*Anufriev, M. & Hommes, C.H.**11-05 Bifurcations of Optimal Vector Fields***by*Kiseleva, T. & Wagener, F.O.O.**11-04 Learning under misspecification: a behavioral explanation of excess volatility in stock prices and persistence in inflation***by*Hommes, C.H. & Zhu, M.**11-03 Phenomenological and ratio bifurcations of a class of discrete time stochastic processes***by*Diks, C.G.H. & Wagener, F.O.O.**11-02 The Size of Stable International Environmental Agreements in the case of Stock Pollution***by*De Zeeuw, A. & Polasky, S. & Wagener, F.O.O.**11-01 Individual Expectations and Aggregate Macro Behavior***by*Assenza, T. & Heemeijer, P. & Hommes, C.H. & Massaro, D.

### 2010

**10-10 Optimal Management with Potential Regime Shifts***by*De Zeeuw, A. & Polasky, S. & Wagener, F.O.O.**10-09 A class of evolutionary model for participation games with negative feedback***by*Dindo, P.D.E. & Tuinstra, J.**10-08 Positive expectations feedback experiments and number guessing games as models of financial markets***by*Sonnemans, J. & Tuinstra, J.**10-07 Individual Expectations, Limited Rationality and Aggregate Outcomes***by*Bao, T. & Hommes, C.H. & Sonnemans, J. & Tuinstra, J.**10-06 The Heterogeneous Expectations Hypothesis: Some Evidence from the Lab***by*Hommes, C.H.**10-05 Evolutionary Selection of Expectations in Positive and Negative Feedback Markets***by*Anufriev, M. & Hommes, C.H. & Philipse, R.**10-04 Multiple Steady States, Limit Cycles and Chaotic Attractors in Evolutionary Games with Logit Dynamics***by*Hommes, C.H. & Ochea, M.**10-03 The impact of short-selling constraints on financial market stability in a model with heterogeneous agents***by*Anufriev, M. & Tuinstra, J.**10-02 Asset Price Dynamics with Local Interactions under Heterogeneous Beliefs***by*Gerasymchuk, S. & Pavlov, O.V.**10-01 Efficiency of Continuous Double Auctions under Individual Evolutionary Learning with Full or Limited Information***by*Anufriev, M. & Arifovic, J. & Ledyard, D. & Panchenko, V.

### 2009

**09-17 Asset Prices and Monetary Policy: A New View of the Cost Channel***by*Assenza, T. & Berardi, M. & Delli Gatti, D.**09-16 Incomplete Contract and Divisional Structures***by*Bao, T. & Wang, Y.**09-15 Boundedly rational learning and heterogeneous trading strategies with hybrid neuro-fuzzy models***by*Bekiros, S.**09-14 Genesis of indifference thresholds and infinitely many indifference points in discrete time infinite horizon optimisation problems***by*Moghayer, S. & Wagener, F.O.O.**09-13 Information Flows Around the Globe: Predicting Opening Gaps from Overnight Foreign Stock Price Patterns***by*De Gooijer, J. & Diks, C.G.H. & Gatarek, L.**09-12 Bifurcations of optimal vector fields in the shallow lake model***by*Kiseleva, T. & Wagener, F.O.O.**09-11 Market Equilibria under Procedural Rationality***by*Anufriev, M. & Bottazzi, G.**09-10 Does eductive stability imply evolutionary stability?***by*Hommes, C.H. & Wagener, F.O.O.**09-09 Evolutionary Selection of Individual Expectations and Aggregate Outcomes***by*Anufriev, M. & Hommes, C.H.**09-08 On conjugate points and the Leitmann equivalent problem approach***by*Wagener, F.O.O.**09-07 Is more memory in evolutionary selection (de)stabilizing?***by*Hommes, C.H. & Kiseleva, T. & Kuznetsov, Y. & Verbic, M.**09-06 A parametrised version of Moser's modifying terms theorem***by*Wagener, F.O.O.**09-05 Shallow lake economics run deep: Nonlinear aspects of an economic-ecological interest conflict***by*Wagener, F.O.O.**09-04 Contracts, cost sharing and consistency***by*Koster, M.**09-03 Individual Expectations and Aggregate Behavior in Learning to Forcast Experiments***by*Hommes, C.H. & Lux, T.**09-02 Forward and Backward Dynamics in implicitly defined Overlapping Generations Models***by*Gardini, L. & Hommes, C.H. & Tramontana, F. & de Vilder, R.**09-01 Introduction to the Journal of Economic Dynamics and Control special issue on Complexity in Economics and Finance***by*Anufriev, M. & Branch, W.A.

### 2008

**08-13 Managing the environment and the economy in the presence of hysteresis and irreversibility***by*Heijnen, P. & Wagener, F.O.O.**08-12 Optimal Diversity in Investments with Recombinant Innovation***by*Zeppini Rossi, P. & Bergh, J.C.J.M. van der**08-11 The Hartwick rule as a conservation law***by*Heijnen, P.**08-10 Out-of-sample comparison of copula specifications in multivariate density forecasts***by*Diks, C.G.H. & Dijk, D. van & Panchenko, V.**08-09 Markov-perfect Nash equilibria in models with a single capital stock***by*Dockner, E.J. & Wagener, F.O.O.**08-08 Interest Rate Rules with Heterogeneous Expectations***by*Anufriev, M. & Assenza, T. & Hommes, C.H. & Massaro, D.**08-07 Positive expectations feedback experiments and number guessing games as models of financial markets***by*Sonnemans, J. & Tuinstra, J.**08-06 On the Leitmann equivalent problem approach***by*Wagener, F.O.O.**08-05 Complex evolutionary systems in behavioral finance***by*Hommes, C.H. & Wagener, F.O.O.**08-04 More hedging instruments may destabilize markets***by*Brock, W.A. & Hommes, C.H. & Wagener, F.O.O.**08-03 Partial Likelihood-Based Scoring Rules for Evaluating Density Forecasts in Tails***by*Dijk, D. van & Diks, C.G.H. & Panchenko, V.**08-02 Sound taxation? On the use of self-declared value***by*Haan, M. A. & Heijnen, P. & Schoonbeek, L. & Toolsema, L. A.**08-01 Bifurcations of optimal vector fields in the shallow lake system***by*Kiseleva, T. & Wagener, F.O.O.

### 2007

**07-16 Coalition Formation and Value Distribution in TU Games***by*Ramer, R.**07-15 Timing in Canonical Models of Duopoly***by*Ramer, R.**07-14 Asset Prices, Traders' Behavior, and Market Design***by*Anufriev, M. & Panchenko, V.**07-13 Heterogeneity and Aggregation in a Financial Accelerator Model***by*Assenza, T. & Delli Gatti, D. & Gallegati, M.**07-12 Anything goes with heterogeneous, but not with homogeneous oligopoly***by*Furth, D.**07-11 The Relationship between Crude Oil Spot and Futures Prices: Cointegration, Linear and Nonlinear Causality***by*Bekiros, S. & Diks, C.G.H.**07-10 Wealth Selection in a Financial Market with Heterogeneous Agents***by*Anufriev, M. & Dindo, P.D.E.**07-09 The diffusion of differentiated waste disposal taxes in the Netherlands***by*Heijnen, P.**07-08 The Nonlinear Dynamic Relationship of Exchange Rates: Parametric and Nonparametric Causality testing***by*Bekiros, S. & Diks, C.G.H.**07-07 Complexity, Evolution and Learning: a simple story of heterogeneous expectations and some empirical and experimental validation***by*Hommes, C.H.**07-06 Evolution of Market Heuristics***by*Anufriev, M. & Hommes, C.H.**07-05 Borrowing Constraints, Multiple Equilibria and Monetary Policy***by*Assenza, T.**07-04 "Credit Cycle" in an OLG Economy with Money and Bequest***by*Agliari, A. & Assenza, T. & Delli Gatti, D. & Santoro, E.**07-03 On the probability of breakdown in participation games***by*Heijnen, P.**07-02 Informative advertising by an environmental group***by*Heijnen, P.**07-01 Bounded Rationality and Learning in Complex Markets***by*Hommes, C.H.

### 2006

**06-17 Estimating the Correlation of International Equity Markets with Multivariate Extreme and Garch models***by*Bekiros, S. & Georgoutsos, D.**06-16 Direction-of-Change Forecasting using a Volatility- Based Recurrent Neural Network***by*Bekiros, S. & Georgoutsos, D.**06-15 E&F Chaos: a user friendly software package for nonlinear economic dynamics***by*Diks, C.G.H. & Hommes, C.H. & Panchenko, V. & Weide, R. van der**06-14 Rank-based entropy tests for serial independence***by*Diks, C.G.H. & Panchenko, V.**06-13 Wake me up before you GO-GARCH***by*Boswijk, H.P. & Weide, R. van der**06-12 More hedging instruments may destabilize markets***by*Brock, W.A. & Hommes, C.H. & Wagener, F.O.O.**06-11 Informational differences and learning in an asset market with boundedly rational agents***by*Diks, C.G.H. & Dindo, P.D.E.**06-10 A Behavioral Model for Participation Games with Negative Feedback***by*Dindo, P.D.E. & Tuinstra, J.**06-09 Quantifying the Scope for Efficiency Defense in Merger Control: The Werden-Froeb-Index***by*Goppelsroeder, M. & Schinkel, M.P. & Tuinstra, J.**06-08 Taxation on Agglomeration***by*Commendatore, P. & Kubin, I.**06-07 Markov-Perfect Nash Equilibria in Models With a Single Capital Stock***by*Dockner, E.J. & Wagener, F.O.O.**06-06 Semi-global analysis of periodic and quasi-periodic k:1 and k:2 resonances***by*Wagener, F.O.O.**06-05 Price Stability and Volatility in Markets with Positive and Negative Expectations Feedback: An Experimental Investigation***by*Heemeijer, P. & Hommes, C.H. & Sonnemans, J. & Tuinstra, J.**06-04 A weak bifurcation theory for discrete time stochastic dynamical systems***by*Diks, C.G.H. & Wagener, F.O.O.**06-03 Equilibrium Return and Agents' Survival in a Multiperiod Asset Market: Analytic Support of a Simulation Model***by*Anufriev, M. & Dindo, P.D.E.**06-02 Price and Wealth Dynamics in a Speculative Market with Generic Procedurally Rational Traders***by*Anufriev, M. & Bottazzi, G.**06-01 Interacting agents in finance, entry written for the New Palgrave Dictionary of Economics, Second Edition, edited by L. Blume and S. Durlauf, Palgrave Macmillan, forthcoming 2006***by*Hommes, C.H.

### 2005

**05-17 Wealth-Driven Competition in a Speculative Financial Market: Examples With Maximizing Agents***by*Anufriev, M.**05-16 A spatial separation model of a credit economy with optimistic and pessimistic quantity expectations***by*Hoog S. van der**05-15 Adaptive Rational Equilibrium with Forward Looking Agents, fortcoming in International Journal of Economic Theory (IJET) 2006, special issue in honor of Jean-Michel Grandmont***by*Brock, W.A. & Dindo, P.D.E. & Hommes, C.H.**05-14 Testing for Nonlinear Structure and Chaos in Economic Time Series: A Comment***by*Hommes, C.H. & Manzan, S.**05-13 Nonparametric Tests for Serial Independence Based on Quadratic Forms***by*Diks, C.G.H. & Panchenko, V.**05-12 Behavioral Heterogeneity in Stock Prices***by*Boswijk, H.P. & Hommes C.H. & Manzan, S.**05-11 Illinois Walls in alternative market structures***by*Schinkel, M.P. & Tuinstra, J.**05-10 Illinois Walls: How barring indirect purchaser suits facilitates collusion***by*RÃ¼ggeberg, J. & Schinkel, M.P. & Tuinstra, J.**05-09 Equivalence and bifurcations of finite order stochastic processes***by*Diks C.G.H. & Wagener, F.O.O.**05-08 On the size of the winning set in the presence of interest groups***by*Sadiraj, V. & Tuinstra, J. & Winden, F. van**05-07 Cost Sharing, Differential Games, and the Moulin-Shenker Rule***by*Koster, M.**05-06 Sharing Variable Returns of Cooperation***by*Koster, M.**05-05 A Multi-Step Forecast Density***by*Manzan, S. & Zerom, D.**05-04 On the Micro-Dynamics of a Cash-in-Advance Economy***by*Hoog S. van der**05-03 Heterogeneous Agent Models in Economics and Finance, In: Handbook of Computational Economics II: Agent-Based Computational Economics, edited by Leigh Tesfatsion and Ken Judd , Elsevier, Amsterdam 2006, pp.1109-1186***by*Hommes, C.H.**05-02 A nonlinear structural model for volatility clustering***by*Gaunersdorfer, A. & Hommes, C.H.**05-01 Heterogeneous Agents Models: two simple examples, forthcoming In: Lines, M. (ed.) Nonlinear Dynamical Systems in Economics, CISM Courses and Lectures, Springer, 2005, pp.131-164***by*Hommes, C.H.

### 2004

**04-17 A tractable evolutionary model for the Minority Game with asymmetric payoffs***by*Dindo, P.D.E.**04-16 Goodness-of-fit test for copulas***by*Panchenko, V.**04-15 Forming price expectations in positive and negative feedback systems***by*Heemeijer, P. & Hommes, C.H. & Sonnemans, J. & Tuinstra, J.**04-14 A Dynamic Analysis of Moving Average Rules***by*Chiarella, C. & He, X.-Z. & Hommes, C.H.**04-13 Economic Dynamics, Contribution to the Encyclopedia of Nonlinear Science, Alwyn Scott (ed.), Routledge, 2004***by*Hommes, C.H.**04-12 On the Micro-Dynamics of a Cash-in-Advance Economy***by*Hoog, S. van der**04-11 A new statistic and practical guidelines for nonparametric Granger causality testing***by*Diks, C.G.H. & Panchenko, V.**04-10 A note on the Hiemstra-Jones test for Granger non-causality***by*Diks, C.G.H. & Panchenko, V.**04-09 Skiba points for small discount rates***by*Wagener, F.O.O.**04-08 A Computational Electoral Competition Model with Social Clustering and Endogenous Interest Groups as Information Brokers***by*Sadiraj, V. & Tuinstra, J. & Winden, F. van**04-07 Imperfect Competition Law Enforcement***by*Schinkel, M.P. & Tuinstra, J.**04-06 Interest Group Size Dynamics and Policymaking***by*Sadiraj, V. & Tuinstra, J. & Winden, F. van**04-05 Introduction to the Journal of Economic Dynamics and Control special issue on Bounded Rationality, Heterogeneity and Market Dynamics***by*Kirman, A. & Tuinstra, J.**04-04 Forced Freebies: A Note on Partial Deregulation with Pro Bono Supply Requirements***by*Schinkel, M.P. & Tuinstra, J.**04-03 Illinois Walls***by*Schinkel, M.P. & Tuinstra, J. & Rueggeberg, J.**04-02 Coordination of Expectations in Asset Pricing Experiments (Version March 2004)***by*Hommes, C.H. & Sonnemans, J. & Tuinstra, J. & Velden, H. van de

### 2003

**03-10 Nonlocal onset of instability in an asset pricing model with heterogeneous agents***by*Gaunersdorfer, A. & Hommes, C.H. & Wagener, F.O.O.**03-09 Quasi-periodic response solutions at normal-internal resonances***by*Broer, H.W. & Hanssmann, H. & Jorba, A. & Villanueva, J. & Wagener, F.O.O.**03-08 Structural analysis of optimal investment for firms with non-concave production***by*Wagener, F.O.O.**03-07 On Learning Equilibria***by*Tuinstra, J. & Wagener, F.O.O.**03-06 Herding, A-synchronous Updating and Heterogeneity in Memory in a CBS***by*Diks, C.G.H. & Weide, R. van der**03-05 Heterogeneity as a natural source of randomness***by*Diks, C.G.H. & Weide, R. van der**03-04 Does eductive stability imply evolutionary stability?***by*Hommes, C.H. & Wagener, F.O.O.**03-03 Bifurcation Routes to Volatility Clustering under Evolutionary Learning***by*Gaunersdorfer, A. & Hommes, C.H. & Wagener, F.O.O.**03-02 Nonlinear Mean Reversion in Stock Prices***by*Manzan, S.

### 2002

**02-14 Heterogeneous Expectations, Exchange Rate Dynamics and Predictability***by*Manzan, S. & Westerhoff, F.**02-13 Representativeness of News and Exchange Rate Dynamics***by*Manzan, S. & Westerhoff, F.**02-12 Model Selection for Nonlinear Time Series***by*Manzan, S.**02-11 Continuous Beliefs Dynamics***by*Diks, C.G.H. & Weide, R. van der**02-10 Evolutionary dynamics in markets with many trader types***by*Brock, W.A. & Hommes, C.H. & Wagener, F.O.O.**02-09 Detecting serial dependence in tail events: A test dual to BDS test***by*Diks, C.G.H.**02-08 A Robust Rational Route to in a Simple Asset Pricing Model***by*Hommes, C.H. & Huang, H. & Wang, D.**02-06 Learning in Coweb Experiments***by*Hommes, C.H. & Sonnemans, J. & Tuinstra, J. & Velden, H. van de**02-05 Expectations and Bubbles in Asset Pricing Experiments***by*Hommes, C.H. & Sonnemans, J. & Tuinstra, J. & Velden, H. van de