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Hirshleifer, D. and Luo, G.Y. (2001) On The Survival Of Overconfident Traders In A Competitive Securities Market. Journal of Financial Markets, 4, 73-84.
https://doi.org/10.1016/S1386-4181(00)00014-8

has been cited by the following article:

• TITLE: The Evolution of Equilibria in Irrational Markets

  AUTHORS: Guo Ying Luo

  KEYWORDS: Evolution, Market Rationality, Natural Selection, Market Efficiency, Irrationality

  JOURNAL NAME: Theoretical Economics Letters, Vol.7 No.7, December 8, 2017

  ABSTRACT: This paper reviews the articles with the focus on the validation of the notions of different equilibria in irrational markets. In all those articles, the evolutionary idea of natural selection is used to explain the eventual occurrences of different equilibria in different market processes where individuals are irrational. The future research direction in this area is also mentioned.