Showing 1 - 10 of 12,047
Reputational herding has been considered as a driving force behind economic and financial forecasts clustered around consensus values. Strategic coordination can consequently explain poor performances of prediction markets as resulting from the distinct incentives that forecasters face. While...
Persistent link: https://www.econbiz.de/10013056991
Erkenntnis einer umfangreichen Retrospektive zur Theorie der Währungskrisen. Mit Hilfe der Computer-Software SPSS 12.0.1 und …
Persistent link: https://www.econbiz.de/10003440555
Using virtual stock markets with artificial interacting software investors, aka agent-based models (ABMs), we present a method to reverse engineer real-world financial time series. We model financial markets as made of a large number of interacting boundedly rational agents. By optimizing the...
Persistent link: https://www.econbiz.de/10003973139
Persistent link: https://www.econbiz.de/10011374093
Persistent link: https://www.econbiz.de/10010381499
Persistent link: https://www.econbiz.de/10011536030
Persistent link: https://www.econbiz.de/10011552469
Persistent link: https://www.econbiz.de/10002303499
We study forecast dispersion in a finite-player forecasting game modeled as an aggregate game with payoff externalities … forecast from the average forecast; and with a finite number of agents, the agents can strategically in influence that average … find that when each agent prefers to be close to the average forecast, the presence of strategic manipulation of the …
Persistent link: https://www.econbiz.de/10012972639
Persistent link: https://www.econbiz.de/10012591581