Heterogeneous speculators and stock market dynamics: a simple agent-based computational model
نویسندگان
چکیده
منابع مشابه
A behavioral cobweb-like commodity market model with heterogeneous speculators
a r t i c l e i n f o According to empirical studies, speculators place significant orders in commodity markets and may cause bubbles and crashes. This paper develops a cobweb-like commodity market model that takes into account the behavior of technical and fundamental speculators. We show that interactions between consumers, producers and heterogeneous speculators may produce price dynamics wh...
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ژورنال
عنوان ژورنال: The European Journal of Finance
سال: 2020
ISSN: 1351-847X,1466-4364
DOI: 10.1080/1351847x.2020.1832553