The Economy as an Complex Evolving System II (Santa Fe Institute Studies in the Sciences of Complexity Lecture Notes)
Contributors: David Lane (Editor); Steven Durlauf (Editor)
Publisher: Westview Press
Published: January 1, 1997
Language: eng
Number of pages: 600
ISBN-13: 9780201328233
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.