Coordinated investing with feedback and learning*
نویسنده
چکیده
This paper introduces assets for which the intrinsic value is endogenous to the amount of funding attracted. A Rational Expectations Equilibrium is developed. Additionally, simulations of the model based on bounded rationality explore the different market behavior under fundamental and momentum based investing strategies. Both strategies produce herding characteristics. The herding under the fundamental strategy approximates the optimal investing of a rational central planner. The momentum strategy results in suboptimal economic development. JEL Codes: C63; D83; E2
منابع مشابه
The Effect of Web-Integrated Instruction and Feedback on Self-Regulated Learning Ability of Iranian EFL Learners
Abstract The present study intended, firstly, to investigate the effect of web-integrated instruction on self-regulated learning ability in EFL writing, and secondly, to compare and contrast the effects of paper-based feedback and web-assisted feedback on the self-regulated learning ability. To this end, a quasi-experimental design was applied for both cases. In line with the first objective, ...
متن کاملThe Role of Corrective Feedback and Learning Styles on EFL Students’ Acquisition of Grammatical Structures
The role of oral corrective feedback has been investigated by SLA researchers from various perspectives. Focusing on Iranian EFL context, the present study aimed to explore the role of receiving corrective feedback in the learning of English grammatical structures. It also probed the association between the type of corrective feedback and EFL learners’ learning styles. This was an experimental ...
متن کاملEffect of Type of Feedback on Intrinsic Motivation and Learning of Volleyball Jump Serve in Students with Different Levels of Neuroticism
Background. Several researchers have studied the effects of type of feedback on learning motor skills, but there are few studies on the interaction between personality traits and the type of feedback. Objectives. This study aimed at investigating the effect of type of feedback on intrinsic motivation and learning volleyball jump serve in students with neuroticism. Methods. A total of 59 femal...
متن کاملThe Effect of Written Corrective Feedback on the Accuracy of Output Task and Learning of Target Form
The effect of error feedback on the accuracy of output task types such as editing task, text reconstruction task, picture cued writing task, and dictogloss task, has not been clearly explored. Following arguments concerning that the combination of both corrective feedback and output makes it difficult to determine whether their effects were in combination or alone, the purpose of the present st...
متن کاملContextual Interference Effect in Bandwidth and Self-Control Feedback Conditions on Relative and Absolute Timing Learning
This study aims to better understand the effect of practice schedule and feedback providing types. In two separate experiments the contextual interference effect in bandwidth and self-control feedback conditions on relative and absolute timing learning was examined. In experiment I, the effect of contextual interference using bandwidth and self-control feedback on absolute timing learning (para...
متن کامل