Self-destroying expectations in financial market : a deterministic HAM approach

• Main Authors: Dou, Liyu, Li, Mengling, Pan, Gaowa
• Other Authors: Huang Weihong
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/44363
• Institution: Nanyang Technological University

The involvement of human behaviors essentially differentiates socio-economic systems and physical systems. Prior to taking actions, individuals form expectations, and constantly update their strategies when outcomes are observed. However in reality, it is people’s aggregate actions rather than indiv...