Add to ORKGIn this paper we analyze the long-run dynamics of the market selection process among simple trading strategies in an incomplete asset market with endogenous prices. We identify a unique surviving financial trading strategy. Investors following this strategy asymptotically gather total market wealth. This result generalizes findings by Blume and Easley (1992) to any complete or incomplete asset market.portfolio theory, evolutionary finance, incomplete markets
We consider a simple pure exchange economy with two assets, one riskless, yielding a constant return...
The long run success of trading strategies in successive financial markets is investigated. Success ...
This paper studies the performance of portfolio rules in incomplete markets for long-lived assets wi...
In this paper we analyze the long‐run dynamics of the market selection process among simple trading ...
In this paper we analyze the long‐run dynamics of the market selection process among simple trading ...
In this paper we analyze the long-run dynamics of the market selec-tion process among simple trading...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete asset m...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper considers the evolution of portfolio rules in markets with stationary returns and endogeno...
This paper studies the evolution of wealth shares of portfolio rules in incomplete markets with shor...
This paper studies the wealth dynamics of investors holding self-financing portfolios in a continuou...
We consider a simple pure exchange economy with two assets, one riskless, yielding a constant return...
The long run success of trading strategies in successive financial markets is investigated. Success ...
This paper studies the performance of portfolio rules in incomplete markets for long-lived assets wi...
In this paper we analyze the long‐run dynamics of the market selection process among simple trading ...
In this paper we analyze the long‐run dynamics of the market selection process among simple trading ...
In this paper we analyze the long-run dynamics of the market selec-tion process among simple trading...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete asset m...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper analyzes the process of market selection of investment strategies in an incomplete market ...
The paper considers the evolution of portfolio rules in markets with stationary returns and endogeno...
This paper studies the evolution of wealth shares of portfolio rules in incomplete markets with shor...
This paper studies the wealth dynamics of investors holding self-financing portfolios in a continuou...
We consider a simple pure exchange economy with two assets, one riskless, yielding a constant return...
The long run success of trading strategies in successive financial markets is investigated. Success ...
This paper studies the performance of portfolio rules in incomplete markets for long-lived assets wi...