Brown Bag Seminar: Zhengyuan Gao

An Imaginary Realistic Market

Zhengyuan Gao, UCLouvain CORE

An imaginary dimension is added to the market, where imaginary values attach to the price, where the imaginary price creates sequential forces, where the imaginary forces influence market participants' beliefs, where heterogeneous beliefs guide the market moves, where the market movements provide images that can or cannot be anticipated by the participants but exist in the reality.