• Aucun résultat trouvé

Optimism, pessimism and financial bubbles

N/A
N/A
Protected

Academic year: 2021

Partager "Optimism, pessimism and financial bubbles"

Copied!
38
0
0

Texte intégral

Loading

Figure

Fig 1: existence of bubbly equilibria with respect to  R 1  and R 2R2 =1- π
Fig 2: effect of pessimism on the existence of bubbly equilibria

Références

Documents relatifs

Modeling yield curves with in…nitely many risk factors raised a lot of skepticism from the mathematical …nance community at this time, and Marek Musiela was one of the …rst person

Ces variations ont été expérimentalement mesurées[99]. La figure 9.8 présente les variations de la tension en fonction de la concentration du lithium au sein de l’électrode, lors

fMRI studies have located prediction error (PE) signals in dif- ferent brain regions, such as the ventral striatum and ven- tromedial prefrontal cortex (vmPFC) for reward versus

electrical conductivities and TE properties (Seebeck coefficient and calculated power factor) in temperature from 40 °C to 220 °C for one set of CuCrO 2 films annealed at

Les résultats des autres études sur la comparaison d’octave et la perception catégorielle vont également vers une perception plus aiguë en corrélation avec la perte auditive..

After introducing definitions of robust stability and generalized homogeneity in Section 2, we will investigate the robustness of homogeneous affine nonlinear systems, and

It is in trying to show this incompleteness by physical arguments that he made explicit the non-local character of physical systems as described by quantum

À tout moment de l’algorithme, on aura une partition des balles en deux ensembles : l’arène et les gradins. L’arène contient un certain nombre de composantes connexes de deux