Social Interactions & Formation of Expectations (National Bank of Belgium)

Project: Research

Project Details


Within this biannual project, we plan to construct a model to describe the formation of expectations under social interactions, closely related to the one proposed in [Aldashev, G. and T. Carletti, The Role of Extremists in Opinion Dynamics, Working Paper, FUNDP, Namur, 2006.]. Each agent faces uncertainty about the future realization of some future macroeconomic variable, furthermore each agent also has some prior information concerning this variable.
Effective start/end date28/02/0731/12/08

Research Output

Behavioral Biases and Informational Inefficiency in an Agent-Based Financial Market

Righi, S., Carletti, T. & Aldashev, G., 2011.

Research output: Contribution to conferencePaper

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    Adaptive expectations, confirmatory bias, and informational efficiency

    Aldashev, G., Carletti, T. & Righi, S., 23 Sep 2010, 2 ed. Namur: FUNDP. Namur center for complex systems. (naXys Technical Reports Series; vol. 1, no. 2)

    Research output: Book/Report/JournalOther report

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