The Economy As an Evolving Complex System II
Subtitle: Proceedings (Santa Fe Institute Studies in the Sciences of Complexity Lecture Notes)
Contributors: Sfi Economics Program (Corporate Author); W. Brian Arthur (Editor); Steven N. Durlauf (Editor); David A. Lane (Editor)
Publisher: Addison Wesley Publishing Company
Published: August 1997
Language: eng
Number of pages: 400
ISBN-13: 9780201959888
First sentence: We propose a theory of asset pricing based on heterogeneous agents who continually adapt their expectations to the market that these expectations aggregatively create.