Cars H. Hommes

Cars H. Hommes


1991 Ph.D. in Mathematical Economics,University of Groningen,Netherlands

1985 MSc in Mathematics,University of Groningen,Netherlands

Academic appointments

1999 –           Professor of Economic Dynamics,UniversityofAmsterdam

2007 –           Head Department of Quantitative Economics

1992 -1999    Associate Professor, Department of Economics,UniversityofAmsterdam

1991 – 1992   Assistant Professor, Department of Economics,UniversityofGroningen

Publications related to this theme

“Coordination of expectations in asset pricing experiments”, (with J. Sonnemans, J. Tuinstra, and H. van de Velden), Review of Financial Studies 18, 2005, 955-980

“Financial markets as complex adaptive evolutionary systems”, Quantitative Finance 1, 2001, 149-167.

“Heterogeneous beliefs and routes to chaos in a simple asset pricing model”, (with W.A. Brock), Journal of Economic Dynamics & Control 22, 1998, 1235-74.

“On the consistency of backward looking expectations: the case of the cobweb”, Journal of Economic Behaviour & Organization 33, 1998, 333-62.

“Consistent expectations equilibria”, (with G. Sorger), Macroeconomic Dyn. 2, 1998, 287-321.

“A rational route to randomness”, (with W.A. Brock), Econometrica 65, 1997, 1059-1095.

“Dynamics of the cobweb model with adaptive expectations and non-linear supply and demand”, Journal of Economic Behaviour & Organization, 1994, 24, 315-335.

“Adaptive learning and roads to chaos: the case of the cobweb”, Economics Letters 36, 1991, 127-132.

“Chaotic dynamics in economic models. Some simple case-studies”, Theses in Economics, Management & Organization, Wolters-Noordhoff Groningen, 1991.

Other publications

“Interacting agents in finance”, entry for the New Palgrave Dictionary of Economics, Second Edition, edited by L. Blume and S. Durlauf, Palgrave Macmillan, 2008.

“Modeling the stylized facts in finance through simple nonlinear adaptive systems”, Proceedings of the National Academy of Sciences (PNAS) USA, Vol. 99, May 2002, 7221-28

“Financial markets as complex adaptive evolutionary systems”, Quantitative Finance 1, 2001, 149-167.