Bifurcation routes and heterogenous formation

0410657 20240111140635.920060210235959.9 Bifurcation routes and heterogenous formation Zlín Tomas Bata University 2001 CD-ROM Nostradamus 2001. 4th International Conference on Prediction and Nonlinear DynamicsZelinkaI. heterogeneity of expectations forecasting rules fundamentals cav_un_auth*0101230 Vošvrda Miloslav UTIA-B Department of Econometrics Ústav teorie informace a automatizace AV ČR, v. v. i. 500 kB 12B 05D GA402/00/0136 GA ČR cav_un_auth*0212804 GA402/01/0034 GA ČR cav_un_auth*0008950 GA402/01/0539 GA ČR cav_un_auth*0008959 AV0Z1075907 The heterogenity of expectation among trades introduces an important nonlinearity in to the financial markets. Heteregenous formation asset prices are characterized by phases of close to the fundamental price fluctuations. In this paper is discussed a position of fundamentals and their influence to the economic stability. cav_un_auth*0212823 Nostradamus 2001 /4./ Zlín CZ 25.09.2001-26.09.2001 AH E http://hdl.handle.net/11104/0130745 UTIA-B 20010126 2001 2001 Zlín Tomas Bata University 500 kB Nostradamus 2001. 4th International Conference on Prediction and Nonlinear Dynamics Zelinka I. 340