Search Results - subject:"Bull and bear dynamics"

One-dimensional maps with two discontinuity points and three linear branches: mathematical lessons for understanding the dynamics of financial markets

Tramontana, Fabio; Westerhoff, Frank; Gardini, Laura - In: Decisions in Economics and Finance 37 (2014) 1, pp. 27-51

We develop a simple financial market model with heterogeneous interacting speculators. The dynamics of our model is driven by a one-dimensional discontinuous piecewise linear map, having two discontinuity points and three linear branches. On the one hand, we study this map analytically and...

Persistent link: https://www.econbiz.de/10010845565

One-dimensional maps with two discontinuity points and three linear branches : mathematical lessons for understanding the dynamics of financial markets

Tramontana, Fabio; Westerhoff, Frank H.; Gardini, Laura - In: Decisions in economics and finance : DEF ; a journal of … 37 (2014) 1, pp. 27-51

Persistent link: https://www.econbiz.de/10010340255

Heterogeneous Speculators and Asset Price Dynamics: Further Results from a One-Dimensional Discontinuous Piecewise-Linear Map

Tramontana, Fabio; Gardini, Laura; Westerhoff, Frank - In: Computational Economics 38 (2011) 3, pp. 329-347

Persistent link: https://www.econbiz.de/10009326723