𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Cluster behavior of a simple model in financial markets

✍ Scribed by J. Jiang; W. Li; X. Cai

Book ID
108236832
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
1015 KB
Volume
387
Category
Article
ISSN
0378-4371

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Dynamical model of financial markets: fl
Dynamical model of financial markets: fluctuating β€˜temperature’ causes intermittent behavior of price changes
✍ Naoki Kozuki; Nobuko Fuchikami πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 369 KB

We present a model of ΓΏnancial markets originally proposed for a turbulent ow, as a dynamic basis of its intermittent behavior. Time evolution of the price change is assumed to be described by Brownian motion in a power-law potential, where the 'temperature' uctuates slowly. The model generally yiel

Intermittent chaos in a model of financi
Intermittent chaos in a model of financial markets with heterogeneous agents
✍ Taisei Kaizoji πŸ“‚ Article πŸ“… 2004 πŸ› Elsevier Science 🌐 English βš– 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