The stakeholders in the stock markets use their interpretation of market condition, speculation and information available to them to make their trading decisions. This results in complex interactions between them and eventually the stock markets form a complex system where the stock price of various firms show an emergent behavior that is difficult to predict. One way to study the long term beh...

Changes in the Mean and Variance Under Inbreeding Inbreeding Inbreeding (mating of related individuals) often results in a change in the mean of a trait compared with its value in a random-mating population. Its importance is that inbreeding is generally harmful and reduces fitness. In particular, inbreeding often causes a reduction of the mean value for quantitative traits associated with repr...

CHANGES IN THE MEAN AND VARIANCE UNDER INBREEDING Inbreeding Inbreeding (mating of related individuals) often results in a change in the mean of a trait compared with its value in a random-mating population. Its importance is that inbreeding is generally harmful and reduces fitness. In particular, inbreeding often causes a reduction of the mean value for quantitative traits associated with repr...

Changes in the Mean and Variance Under Inbreeding Inbreeding Inbreeding (mating of related individuals) often results in a change in the mean of a trait compared with its value in a random-mating population. Its importance is that inbreeding is generally harmful and reduces fitness. In particular, inbreeding often causes a reduction of the mean value for quantitative traits associated with repr...

We investigate the relation between contrarian flows, consumption growth, and market risk premium. We construct a contrarian flows measure by summing up the capital flows to stocks that go against the total flow of the aggregate market. We show that the contrarian flows are negatively influenced by the same-quarter consumption growth. During bad times, the majority of investors who are affected...