Phase Transition in a Bounded Rational Speculative and Hedging Model

Language: English

Published by LAP LAMBERT Academic Publishing Aug 2017, 2017

6202004673 / 9786202004671

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -The authors create an economic model of two interacting markets with bounded rational agents that exhibits emergence of market preference arising from a broken market-exchange symmetry. Such emergence can cause agents to move money from one market into the other, resulting in a market crash in certain scenarios. The market-exchange symmetry, and its breaking, gives a statistical mechanics perspective to the ideas of the Sonnenschein-Mantel-Debreu theorem. 128 pp. Englisch.

Seller Inventory # 9786202004671

Title
Phase Transition in a Bounded Rational Speculative and Hedging Model
Author
Michael Campbell
Publisher
LAP LAMBERT Academic Publishing Aug 2017
Publication year
2017
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6202004673
ISBN 13
9786202004671
Item weight
209 grams
Dimensions
220x150x8 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

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BuchWeltWeit Ludwig Meier e.K.

Germany