Similar Search Results

Evolutionary selection of individual expextations and aggregate outcomes in asset pricing experiments

Anufriev, Mikhail; Hommes, Cars H. - In: American economic journal : a journal of the American … 4 (2012) 4, pp. 35-64

Persistent link: https://www.econbiz.de/10009671231

Evolutionary switching between forecasting heuristics: an explanation of an asset-pricing experiment

Anufriev, Mikhail; Hommes, Cars H. - In: Complexity and artificial markets, (pp. 41-53). 2008

Persistent link: https://www.econbiz.de/10003762995

Simple Forecasting Heuristics that Make Us Smart : Evidence from Different Market Experiments

Anufriev, Mikhail - 2015

(4) a characterization of the mean, median and empirical distribution of forecasting heuristics. The median of the … distribution of GA forecasting heuristics can be used in designing or validating simple Heuristic Switching Model …

Persistent link: https://www.econbiz.de/10013018941

Experiments on expectations in macroeconomics and finance

Assenza, Tiziana; Te, Bao; Hommes, Cars H.; Massaro, … - In: Experiments in macroeconomics, (pp. 11-70). 2014

Persistent link: https://www.econbiz.de/10010464211

From self-fulfilling mistakes to behavioral learning equilibria

Hommes, Cars H. - 2017

This essay links some of my own work on expectations, learning and bounded rationality to the inspiring ideas of Jean-Michel Grandmont. In particular, my work on consistent expectations and behavioral learning equilibria may be seen as formalizations of JMG's ideas of self-fulfilling mistakes....

Persistent link: https://www.econbiz.de/10011590425

Behavioral and experimental macroeconomics and policy analysis : a complex systems approach

Hommes, Cars H. - 2018

decision heuristics. Central to our survey is the question under which conditions a complex macro-system of interacting agents … and heuristics switching models match this observed micro and macro behaviour surprisingly well. We also discuss policy …