A New Paradigm of Financial Market Behaviour

金融市场行为的新范式

• 批准号: DP0450526
• 负责人: Prof Carl Chiarella
• 金额: $ 18.12万
• 依托单位: University of Technology Sydney
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2004
• 资助国家: 澳大利亚
• 起止时间: 2004-01-23 至 2007-07-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP0450526
• 关键词: New; Paradigm; Financial; Market; Behaviour

The project contributes to the development of a newly emerging paradigm for describing financial market behaviour. It will model financial markets as adaptively evolving systems that are the outcome of the interaction of boundedly rational economic agents with heterogeneous beliefs. The new paradigm will seek to explain aspects of financial market behaviour not well explained by the standard finance paradigm. The project outcomes will be of benefit to financial market researchers and regulators by providing a better framework for understanding and managing financial market volatility.

该项目有助于发展一种描述金融市场行为的新兴范式。 它将金融市场建模为自适应演化系统，是有限理性经济主体与异质信念相互作用的结果。新的范式将试图解释金融市场行为的一些方面，这些方面没有被标准金融范式很好地解释。 项目成果将为理解和管理金融市场波动提供更好的框架，从而使金融市场研究人员和监管机构受益。