政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/23161

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113303/144284 (79%)
Visitors : 50797615 Online Users : 601

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 社會科學學院 > 經濟學系 > 期刊論文 > Item 140.119/23161

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/23161

Title:	Risk preference, forecasting accuracy and survival dynamics: Simulations based on a multi-asset agent-based artificial stock market
Authors:	陳樹衡 Chen, Shu-Heng;Huang, Ya-Chi
Contributors:	經濟系
Keywords:	Market selection hypothesis;Agent-based artificial stock markets;Autonomous agents;Genetic algorithms
Date:	2008-09
Issue Date:	2009-01-09 11:36:46 (UTC+8)
Abstract:	The relevance of risk preference and forecasting accuracy to the survival of investors is an issue that has recently attracted a number of theoretical studies. By using agent-based computational modeling, this paper extends the existing studies to an economy where adaptive behaviors are autonomous and complex heterogeneous. Specifically, a computational multi-asset artificial stock market corresponding to Blume and Easley [Blume, L., Easley, D., 1992. Evolution and market behavior. Journal of Economic Theory 58, 9–40] and Sandroni [Sandroni, A., 2000. Do markets favor agents able to make accurate predictions? Econometrica 68, 1303–1341] is constructed and studied. Through simulation, we present results that contradict the market selection hypothesis.
Relation:	The 3rd NTU International Conference on Economics Journal of Economic Behavior & Organization, Volume 67, Issues 3–4, Pages 702-717
Data Type:	conference
Appears in Collections:	[經濟學系] 期刊論文

Files in This Item:

File	Description	Size	Format
1-s2.0-S0167268107001679-main.pdf		816Kb	Adobe PDF2	798	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...