On modeling of inefficient market

✍ Scribed by D. Makowiec

• Book ID: 103881515
• Publisher: Elsevier Science
• Year: 2004
• Tongue: English
• Weight: 260 KB
• Volume: 344
• Category: Article
• ISSN: 0378-4371
• DOI: 10.1016/j.physa.2004.06.084

✦ Synopsis

The percolation Cont-Bouchaud model of a stock market is modified by allowing investors to react to the market trend either fundamentally or imitative. The proposition is motivated by properties observed on Warsaw Stock Exchange.