%0 Journal Article
%T Evolutionary stability of portfolio rules with long-lived assets<br>长期资产投资组合策略的演化稳定性
%A ZHU Hong-liang
%A KONG Ao
%A ZHANG Bing
%A <br>朱洪亮
%A 孔傲
%A 张兵
%J 系统工程理论与实践
%D 2011
%I 
%X Using random dynamical systems theory,a dynamic model of wealth shares of portfolio rules in financial markets with long-lived assets is studied,where the prices are determined endogenously.Assets pay dividends at the end of each period and dividends is only used to consume.The performance of a portfolio rule in the process of repeated reinvestment of wealth is determined by the wealth share.The necessary and sufficient conditions for the evolutionary stability of portfolio rules is discussed,through consid...
%K evolutionary finance
%K portfolio rules
%K evolutionary stability
%K random dynamic system<br>演化金融
%K 投资组合策略
%K 演化稳定性
%K 随机动力系统
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=83C7C0CF0493625156C73343C35C60BF&yid=9377ED8094509821&vid=4AD960B5AD2D111A&iid=E158A972A605785F&sid=6C3EA4F7B6E5F836&eid=6452E1221020E61F&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=0&reference_num=16