i) models of financial market behaviour with multiple risky
assets and heterogeneous investors, in both static and dynamic
framework, with particular focus on the effect of heterogeneity on
risk-return CAPM relations.
ii) dynamic models of interacting financial markets, e.g. the stock
markets of two different countries and the foreign exchange market,
in the presence of heterogeneous speculators, with a particular
focus on volatility transmission and possible destabilizing
effects.
iii) dynamic models of ‘cobweb' commodity markets, that become
interconnected from the supply side due to the fact that bounded
rational producers switch across markets depending on recently
observed profit differentials.
iv) dynamic models of speculative bubbles in the housing market,
in the presence of heterogeneous expectations about future housing
prices.
v) dynamic duopoly models with firms' heterogeneous cost
functions and behavioural rules.
