Home > Papers

 
 
Continuous-Time Evolutionary Finance with Fix-Mix Strategies
Zhaojun Yang 1 * #,Christian-Oliver Ewald 2,Klaus Reiner Schenk-Hoppé 3
1.School of Mathematics, University of Leeds;School of Mathematics and Econometrics,Hunan University
2.School of Mathematics, University of Leeds
3.School of Mathematics, University of Leeds ;Business School, University of Leeds
*Correspondence author
#Submitted by
Subject:
Funding: none
Opened online:30 November 2005
Accepted by: none
Citation: Zhaojun Yang,Christian-Oliver Ewald,Klaus Reiner Schenk-Hoppé. Continuous-Time Evolutionary Finance with Fix-Mix Strategies[OL]. [30 November 2005] http://en.paper.edu.cn/en_releasepaper/content/3938
 
 
This paper develops a continuous-time evolutionary model of financial markets with endogenous prices. Investment strategies are fix-mix. Our main goal is to understand the wealth dynamics. In particular we seek to identify evolutionary stable investment strategies, i.e. those strategies that prevent entrants to the fnancial market from gaining wealth in the long run.
Keywords:evolutionary finance, continuous-time portfolio theory, endogenous asset prices
 
 
 

For this paper

  • PDF (0B)
  • ● Revision 0   
  • ● Print this paper
  • ● Recommend this paper to a friend
  • ● Add to my favorite list

    Saved Papers

    Please enter a name for this paper to be shown in your personalized Saved Papers list

Tags

Add yours

Related Papers

  • Other similar papers

Statistics

PDF Downloaded 440
Bookmarked 0
Recommend 5
Comments Array
Submit your papers