heterogeneous agents and stability impact of lagged price information used by chartists to form their expectations. For the … chartists on market stability. For the stochastic model, we demonstrate that the model is able to display various market …

length of a moving average rule indiscrete-time HAMs.Intuitive conditions for the stability of the fundamental price of the …, but also can stabilize another wise unstable market price, leading to stability switching as the memory length increases …

characterized by the stability and bifurcations of the underlying deterministic system. Our analysis underpins mechanism on various …

fitness to the one with high fitness. We characterise first the stability and bifurcation properties of the underlying …

expectations and learning schemes are analyzed. It is shown how the dynamics of the system, including stability, instability and … an example to illustrate the stability results, the various types of bifurcations and the routes to complicated price …

resulting expectations and learning schemes are analyzed. It is shown that the dynamics of the system, including stability … expectation scheme is employed as an example to illustrate the stability results, the various types of bifurcations and the routes …

high frequency financial data) and the stability and bifurcation of the underlying deterministic system are established. …

delay and examines the impact of time delay on market price dynamics. Conditions for the stability of the fundamental price … delay can not only destabilize the market price but also stabilize an otherwise unstable market price, leading to stability … switching as delay increases. This interesting phenomena shed new light in understanding of mechanism on the market stability …