Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena (Hardcover)

Classic Models in Finance: Solved and Unsolved Issues
Decision Weights, Change of Wealth, and Value Function: The Experimental Evidence
Empirical and Experimental Evidence Regarding Preferences: Absolute and Relative Risk Aversion
Inefficient Choices and Investors' Irrationality
The Microscopic Simulation Method
Microscopic Simulations in Various Fields
The LLS Microscopic Simulation Model
Various Financial Microscopic Simulations
Prospect Theory, Asset Pricing, and Market Dynamics
Applications of Microscopic Simulation to the CAPM: Heterogeneous Expectations and the Number of Assets in the Portfolio
Application of Microscopic Simulation to Option Pricing: Uncertainty and Disagreement about the Volatility