Evolution of market heuristics
نویسندگان
چکیده
منابع مشابه
Evolution of market heuristics
The time evolution of aggregate economic variables, such as stock prices, is affected by market expectations of individual investors. Neo-classical economic theory assumes that individuals form expectations rationally, thus enforcing prices to track economic fundamentals and leading to an efficient allocation of resources. However, laboratory experiments with human subjects have shown that indi...
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ژورنال
عنوان ژورنال: The Knowledge Engineering Review
سال: 2012
ISSN: 0269-8889,1469-8005
DOI: 10.1017/s0269888912000161