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Group-Wise Herding Behavior in Financial Markets: An Agent-Based Modeling Approach

In this paper, we shed light on the dynamic characteristics of rational group behaviors and the relationship between monetary policy and economic units in the financial market by using an agent-based model (ABM), the Hurst exponent, and the Shannon entropy. First, an agent-based model is used to ana...

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Autori principali: Kim, Minsung, Kim, Minki
Natura: Artigo
Lingua:Inglês
Pubblicazione: Public Library of Science 2014
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC3979712/
https://ncbi.nlm.nih.gov/pubmed/24714635
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1371/journal.pone.0093661
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