Bao, Te; Hommes, Cars; Sonnemans, Joep; Tuinstra, Jan - Tinbergen Instituut - 2012
This discussion paper led to a publication in the <I>Journal of Economic Dynamics & Control</I>. Volume 36(8), pp. 1101-1120.<P> Recent studies suggest that the type of strategic environment or expectation feedback can have a large impact on whether the market can learn the rational fundamental price. We...</p></i>