Intermittent chaos in a model of financi
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Taisei Kaizoji
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Article
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2004
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Elsevier Science
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English
โ 277 KB
In this paper we study the price dynamics in a simple model of financial markets with heterogeneous-agents. We concentrate on how increase in the total number of active traders influences on fluctuations of asset prices. We find that a curious route to chaos is observed when the total number of acti