메뉴 건너뛰기




Volumn 31, Issue 4, 2007, Pages 1300-1325

A simple asset pricing model with social interactions and heterogeneous beliefs

Author keywords

Heterogeneous beliefs; Social interactions

Indexed keywords


EID: 33847211414     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jedc.2006.04.008     Document Type: Article
Times cited : (20)

References (22)
  • 1
    • 33847204966 scopus 로고    scopus 로고
    • Anderson, P.S., Palma, A., Thisse, J., 1996. Discrete Choice Theory of Product Differentiation. MIT Press, Cambridge, MA, pp. 13-62.
  • 3
    • 38249005372 scopus 로고
    • Economic natural selection
    • Blume L.E., and Easley D. Economic natural selection. Economics Letters 42 (1993) 281-289
    • (1993) Economics Letters , vol.42 , pp. 281-289
    • Blume, L.E.1    Easley, D.2
  • 4
    • 0003267385 scopus 로고    scopus 로고
    • The econometrics of interactions-based models
    • Heckman J., and Leamer E. (Eds), North-Holland, Amsterdam
    • Brock W.A., and Durlauf S.N. The econometrics of interactions-based models. In: Heckman J., and Leamer E. (Eds). Handbook of Econometrics vol. V (2001), North-Holland, Amsterdam
    • (2001) Handbook of Econometrics , vol.V
    • Brock, W.A.1    Durlauf, S.N.2
  • 6
    • 0001288049 scopus 로고    scopus 로고
    • Rational routes to randomness
    • Brock W.A., and Hommes C.H. Rational routes to randomness. Econometrica 65 (1997) 1059-1096
    • (1997) Econometrica , vol.65 , pp. 1059-1096
    • Brock, W.A.1    Hommes, C.H.2
  • 7
    • 0000921080 scopus 로고    scopus 로고
    • Heterogeneous beliefs and routes to chaos in a simple asset pricing model
    • Brock W.A., and Hommes C.H. Heterogeneous beliefs and routes to chaos in a simple asset pricing model. Journal of Economic Dynamics and Control 22 (1998) 1237-1274
    • (1998) Journal of Economic Dynamics and Control , vol.22 , pp. 1237-1274
    • Brock, W.A.1    Hommes, C.H.2
  • 8
    • 84977707376 scopus 로고
    • Simple technical trading rules and the stochastic properties of stock returns
    • Brock W.A., Lakonishok J., and LaBaron B. Simple technical trading rules and the stochastic properties of stock returns. Journal of Finance 47 (1992) 1731-1764
    • (1992) Journal of Finance , vol.47 , pp. 1731-1764
    • Brock, W.A.1    Lakonishok, J.2    LaBaron, B.3
  • 12
    • 0002849453 scopus 로고
    • The case for flexible exchange rates
    • University of Chicago Press, Chicago
    • Friedman M. The case for flexible exchange rates. Essays in Positive Economics (1953), University of Chicago Press, Chicago
    • (1953) Essays in Positive Economics
    • Friedman, M.1
  • 13
    • 84884450248 scopus 로고    scopus 로고
    • Financial markets as nonlinear adaptive evolutionary systems
    • Hommes C.H. Financial markets as nonlinear adaptive evolutionary systems. Quantitative Finance 1 (2001) 149-167
    • (2001) Quantitative Finance , vol.1 , pp. 149-167
    • Hommes, C.H.1
  • 14
    • 66049139912 scopus 로고    scopus 로고
    • Hommes, C.H., 2006. Heterogeneous agent models in economics and finance. In: Tesfatsion, L., Judd, K.L. (Eds.), Handbook of Computational Economics, Agent-Based Computational Economics, vol. 2. Elsevier Science B.V..
  • 15
    • 1642371058 scopus 로고    scopus 로고
    • Social interaction and stock-market participation
    • Hong H., Kubik J., and Stein J. Social interaction and stock-market participation. Journal of Finance LIX 1 (2004) 137-163
    • (2004) Journal of Finance , vol.LIX , Issue.1 , pp. 137-163
    • Hong, H.1    Kubik, J.2    Stein, J.3
  • 16
    • 0034509075 scopus 로고    scopus 로고
    • Speculative bubbles and crashes in stock markets: an interacting-agent model of speculative activity
    • Kaizoji T. Speculative bubbles and crashes in stock markets: an interacting-agent model of speculative activity. Physica A 287 (2000) 493-506
    • (2000) Physica A , vol.287 , pp. 493-506
    • Kaizoji, T.1
  • 18
    • 66049155348 scopus 로고    scopus 로고
    • LeBaron, B., 2006. Agent-based computational finance. In: Tesfatsion, L., Judd, K.L. (Eds.), Handbook of Computational Economics, Agent-Based Computational Economics, vol. 2. Elsevier Science B.V..
  • 20
    • 0000150312 scopus 로고
    • Asset prices in an exchange economy
    • Lucas R.E. Asset prices in an exchange economy. Econometrica 46 (1978) 1426-1446
    • (1978) Econometrica , vol.46 , pp. 1426-1446
    • Lucas, R.E.1
  • 22
    • 0002099196 scopus 로고
    • Survey evidence on the diffusion of interest and information among investors
    • Shiller R.J., and Pound J. Survey evidence on the diffusion of interest and information among investors. Journal of Economic Behavior and Organization 12 (1989) 47-66
    • (1989) Journal of Economic Behavior and Organization , vol.12 , pp. 47-66
    • Shiller, R.J.1    Pound, J.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.