The period adding and incrementing bifurcations: from rotation theory to applications
A Granados, L Alsedà, M Krupa - SIAM Review, 2017 - SIAM
This survey article is concerned with the study of bifurcations of discontinuous piecewise-
smooth maps, with a special focus on the one-dimensional case. We review the literature on …
smooth maps, with a special focus on the one-dimensional case. We review the literature on …
A simple model of a speculative housing market
R Dieci, F Westerhoff - Journal of Evolutionary Economics, 2012 - Springer
We develop a simple model of a speculative housing market in which the demand for
houses is influenced by expectations about future housing prices. Guided by empirical …
houses is influenced by expectations about future housing prices. Guided by empirical …
Causes of fragile stock market stability
We develop a behavioral stock market model in which a market maker adjusts stock prices
with respect to the orders of chartists, fundamentalists and sentiment traders. We analytically …
with respect to the orders of chartists, fundamentalists and sentiment traders. We analytically …
Perception of fundamental values and financial market dynamics: mathematical insights from a 2D piecewise linear map
We develop a simple financial market model in which a market maker adjusts the price with
respect to orders placed by chartists and fundamentalists. A novel feature of our model is …
respect to orders placed by chartists and fundamentalists. A novel feature of our model is …
Exchange rate expectations of chartists and fundamentalists
CD Dick, L Menkhoff - Journal of Economic Dynamics and Control, 2013 - Elsevier
This paper provides novel evidence on exchange rate expectations of both chartists and
fundamentalists separately. These groups indeed form expectations differently. Chartists …
fundamentalists separately. These groups indeed form expectations differently. Chartists …
Heterogeneity, spontaneous coordination and extreme events within large-scale and small-scale agent-based financial market models
N Schmitt, F Westerhoff - Journal of Evolutionary Economics, 2017 - Springer
We propose a novel agent-based financial market framework in which speculators usually
follow their own individual technical and fundamental trading rules to determine their orders …
follow their own individual technical and fundamental trading rules to determine their orders …
Speculative behavior and the dynamics of interacting stock markets
N Schmitt, F Westerhoff - Journal of Economic Dynamics and Control, 2014 - Elsevier
We develop a simple agent-based financial market model in which heterogeneous
speculators apply technical and fundamental analysis to trade in two different stock markets …
speculators apply technical and fundamental analysis to trade in two different stock markets …
Dynamical analysis of a banking duopoly model with capital regulation and asymmetric costs.
S Brianzoni, G Campisi - Discrete & Continuous Dynamical …, 2021 - search.ebscohost.com
It is well known that regulation and efficiency are two important issues on banking literature.
The goal of the paper is to analyse them through a banking duopoly model with …
The goal of the paper is to analyse them through a banking duopoly model with …
Chaos, border collisions and stylized empirical facts in an asset pricing model with heterogeneous agents
An asset pricing model with chartists, fundamentalists and trend followers is considered. A
market maker adjusts the asset price in the direction of the excess demand at the end of …
market maker adjusts the asset price in the direction of the excess demand at the end of …
A discontinuous model of exchange rate dynamics with sentiment traders
In the present paper, we investigate the complex dynamics arising from a behavioral
exchange rate discontinuous model with heterogeneous agents. Unlike previous works …
exchange rate discontinuous model with heterogeneous agents. Unlike previous works …