Showing 1 - 2 of 2
In this paper, a model of bounded rational investors investing their portfolio in a passive investment vehicle (e.g., an Exchange Traded Fund replicating a broad index) or an actively managed fund is presented. The model proposes that the quick reswitching of these short-term oriented investors...
Persistent link: https://www.econbiz.de/10010323727
This paper presents a Heterogeneous Agent Model of a financial market with chartist and fundamentalist traders that …
Persistent link: https://www.econbiz.de/10010323743