Construct · 1 fields · 1 citations

Brock-Hommes heterogeneous agent model: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral finance

an asset pricing model in which traders switch among simple forecasting rules by past performance, which can generate bubbles and chaotic price paths.

In behavioral finance, Brock-Hommes heterogeneous agent model refers to an asset pricing model in which traders switch among simple forecasting rules by past performance, which can generate bubbles and chaotic price paths. This meaning comes from Brock (1998) in Journal of Economic Dynamics and Control.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how Brock-Hommes heterogeneous agent model sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

agent3 fields · 5 citationsjingle · one word, three constructs asset2 fields · 2 citationsjingle · one word, two constructs control4 fields · 5 citationsjingle · one word, four constructs

References

Brock, W. A., & Hommes, C. H. (1998). Heterogeneous beliefs and routes to chaos in a simple asset pricing model. Journal of Economic Dynamics and Control, 22(8-9), 1235-1274. https://doi.org/10.1016/s0165-1889(98)00011-6

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct