03-073/1 - Heterogeneity as a Natural Source of Randomness

• Authors
  Cees Diks, Faculty of Economics and Econometrics, University of Amsterdam; Roy van der Weide, Faculty of Economics and Econometrics, University of Amsterdam
• Publication date
  September 16, 2003

• Keywords
  Expectation formation; Heterogeneity; Continuous beliefs; Expectations feedback; Endogenous noise; Random dynamical systems
• JEL
  C00; D84; G12