A microscopic model of the stock market. Cycles, booms, and crashes

Economics Letters

Volumn 45, Issue 1, 1994, Pages 103-111

  Levy, Moshe ^a   Levy, Haim ^a,b   Solomon, Sorin ^a  

^a HEBREW UNIVERSITY OF JERUSALEM   (Israel)

^b UNIVERSITY OF FLORIDA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 43949149356     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-1765(94)90065-5     Document Type: Article

References (3)

1. Market liquidity, hedging, and crashes
2. Chaos and order in the capital markets
3. Long-run risk tolerance when equity returns are mean regressing: Pseudo-paradoxes and vindication of business-man's risk