We find that the seed of the 2002/03 crisis of the Dutch supermarket giant AHOLD was planted in 1996. We have adapted Weidlich's theory of opinion formation to describe the formation of buy or sell decisions among investors, based on a competition between the mechanisms of herding and of personal op
A mathematical definition of the financial bubbles and crashes
β Scribed by Kota Watanabe; Hideki Takayasu; Misako Takayasu
- Publisher
- Elsevier Science
- Year
- 2007
- Tongue
- English
- Weight
- 158 KB
- Volume
- 383
- Category
- Article
- ISSN
- 0378-4371
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