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zurück | neue Suche | drucken Sallans, Brian; Dorffner, Georg; Karatzoglou, Alexandros: The dynamics of interacting markets : first results Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science", Nr. 83, January 14, 2002 SFB Adaptive Information Systems and Modelling in Economics and Management Science Wien, Wirtschaftsuniv., 2002 Daten im WU Online-Katalog | Nutzungsstatistik | Dokument ID: oai:epub.wu-wien.ac.at:epub-wu-01_236 Volltext Download 16 Seiten/485 kB © Urheberrechtshinweis Sie wollen einen permanenten Link direkt zu diesem Dokument, um ihn z.B. auf Ihrer Webseite zu platzieren? Benutzen Sie: http://epub.wu-wien.ac.at/dyn/openURL?id=oai:epub.wu-wien.ac.at:epub-wu-01_236  Abstract: The behavior of boundedly rational agents in two interacting markets is investigated. A discrete-time model of coupled financial and consumer markets is described. The integrated model is then used to investigate feedback effects between the coupled markets. In particular, the influence of the financial market on product development is demonstrated. The types of traders present in the financial market is shown to have a large effect on firm behavior and product development. In a financial market where traders favour particular products the firms are shown to develop these favored products instead of more profitable ones. The effect is quite strong despite the only feedback being through a noisy stock price, and despite the fact that only a third of share traders are directly influenced by product position. (author's abstract)  Schlagworte: Kapitalmarkt / Produktentwicklung / Interaktion / Anlageverhalten / Eingeschränkte Rationalität © 2009 Universitätsbibliothek, WU | Technologie und Infrastruktur: Inst. f. Informationswirtschaft | Erstellt für Sie am: 2.9.2010