Abstract

AbstractThis chapter describes the validity of a passive investment strategy through agent-based simulation. As a result of intensive experimentation, I have concluded that a passive investment strategy is valid under conditions where market prices deviate widely from fundamental values. However, my agent-based simulation also shows that the increase in the rate of passive investment slows as financial restrictions become more severe. The results are of both academic interest and practical use.KeywordsAgent-based modelingAsset managementFinancePassive investment strategy

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.