Im Rahmen des Finance Workshops l=E4dt das IHS=20
zum Vortrag von
Prof. A.G. Malliaris (Loyola University):
Methodological Issues in Asset Pricing: Random Walk or Chaotic Dynamics
=20
Montag 7.06.1999, 16.00-17.30, HS II
IHS, 1060 Wien, Stumpergasse 56, ein. =20
Abstract: On the basis of a general and well accepted intertemproal price
determination model,
it will be shown, that price volatility reflects the output of a
higher order dynamic
system with an underlying stochastic function. The analysis is
used to explain the=20
learning process and the efficient use of information in the archetype
model.=20
Michael Jeckle, Institute of Advanced Studies, Department of Finance
Stumpergasse 56, 1060 Vienna Austria
Tel ++43/1/59991/211
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