Evstigneev, Igor’ V.; Amir, Rabah; Xu, Le - Swiss National Centre of Competence in Research North … - 2008
The paper examines a game-theoretic evolutionary model of a
-nancial market with endogenous equilibrium asset prices. Assetspay dividends that are partially consumed and partially rein-vested. The traders use general, adaptive strategies (portfoliorules), distributing their wealth between...