{"id":2840,"date":"2021-12-28T22:14:23","date_gmt":"2021-12-28T14:14:23","guid":{"rendered":"https:\/\/fanyuzhao.com\/?p=2840"},"modified":"2022-03-02T16:51:26","modified_gmt":"2022-03-02T08:51:26","slug":"ideas-about-irrational-market-modelling","status":"publish","type":"post","link":"https:\/\/fanyuzhao.com\/?p=2840","title":{"rendered":"Ideas about Irrational Market Modelling"},"content":{"rendered":"\n<p>Continue with the idea that markets are uncompetitive. At the micro-level, the market is constituted by rational players, which takes proportion \\(p\\) and irrational ones, \\(1-p\\). They together make the whole market unresponded. <\/p>\n\n\n\n<ul><li>A potential study may focus on (1). the drivers of \\(p\\). (2). modelling the irrational market, establishing a model from micro to macro.<\/li><li>For (1), positive feedback or negative feedback may behave differently. Need some psychological knowledge and natural experiment. <\/li><li>Using how does market react to positive or negative shocks to distinguish the irrational proportion of people.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continue with the idea that markets are uncompetitive. At the micro-level, the market is constituted by rational players, which takes proportion \\(p\\) and irrational ones, \\(1-p\\). They together make the whole market unresponded. A potential study may focus on (1). the drivers of \\(p\\). (2). modelling the irrational market, establishing a model from micro to &hellip; <a href=\"https:\/\/fanyuzhao.com\/?p=2840\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Ideas about Irrational Market Modelling<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2840"}],"collection":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2840"}],"version-history":[{"count":5,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2840\/revisions"}],"predecessor-version":[{"id":2845,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/2840\/revisions\/2845"}],"wp:attachment":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}