Dynamic Expectation Theory: Insights for Market Participants

This paper develops a new methodology in order to study the role of dynamic expectations. Neither reference-point theories nor feedback models are sufficient to describe human expectations in a dynamic market environment. We use an interdisciplinary approach and demonstrate that expectations of non-...

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Bibliographic Details
Main Author: Bodo Herzog
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Journal of Risk and Financial Management
Subjects:
AI
Online Access:https://www.mdpi.com/1911-8074/12/2/77