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https://hdl.handle.net/20.500.11851/6099
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Merdan, Hüseyin | - |
dc.contributor.author | Alişen, M. | - |
dc.date.accessioned | 2021-09-11T15:34:56Z | - |
dc.date.available | 2021-09-11T15:34:56Z | - |
dc.date.issued | 2011 | en_US |
dc.identifier.issn | 0096-3003 | - |
dc.identifier.uri | https://doi.org/10.1016/j.amc.2011.06.028 | - |
dc.identifier.uri | https://hdl.handle.net/20.500.11851/6099 | - |
dc.description.abstract | Asset price dynamics is studied by using a system of ordinary differential equations which is derived by utilizing a new excess demand function introduced by Caginalp (2005) [4] for a market involving more information on demand and supply for a stock rather than their values at a particular price. Derivation is based on the finiteness of assets (rather than assuming unbounded arbitrage) in addition to investment strategies that are based on not only price momentum (trend) but also valuation considerations. For this new model and the older models which were extracted using the classical excess demand function by Caginalp and Balenovich (1994, 1999) [2,3], time evolutions of asset price are compared through numerical simulations. (C) 2011 Elsevier Inc. All rights reserved. | en_US |
dc.description.sponsorship | TUBITAK (The Scientific and Technological Research Council of Turkey)Turkiye Bilimsel ve Teknolojik Arastirma Kurumu (TUBITAK) [108T629] | en_US |
dc.description.sponsorship | H. Merdan was supported by TUBITAK (The Scientific and Technological Research Council of Turkey) Grant No. 108T629. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Elsevier Science Inc | en_US |
dc.relation.ispartof | Applied Mathematics And Computation | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Asset pricing | en_US |
dc.subject | Asset flow differential equations | en_US |
dc.subject | Demand and supply | en_US |
dc.subject | Valuation and momentum effect | en_US |
dc.subject | Liquidity value | en_US |
dc.title | A Mathematical Model for Asset Pricing | en_US |
dc.type | Article | en_US |
dc.department | Faculties, Faculty of Science and Literature, Department of Mathematics | en_US |
dc.department | Fakülteler, Fen Edebiyat Fakültesi, Matematik Bölümü | tr_TR |
dc.identifier.volume | 218 | en_US |
dc.identifier.issue | 4 | en_US |
dc.identifier.startpage | 1449 | en_US |
dc.identifier.endpage | 1456 | en_US |
dc.identifier.wos | WOS:000294302800031 | en_US |
dc.identifier.scopus | 2-s2.0-80052261662 | en_US |
dc.institutionauthor | Merdan, Hüseyin | - |
dc.identifier.doi | 10.1016/j.amc.2011.06.028 | - |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.identifier.scopusquality | Q1 | - |
item.openairetype | Article | - |
item.languageiso639-1 | en | - |
item.grantfulltext | none | - |
item.fulltext | No Fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
crisitem.author.dept | 07.03. Department of Mathematics | - |
Appears in Collections: | Matematik Bölümü / Department of Mathematics Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection |
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