IMMIGRANT INVESTORS IN FINANCIAL MARKETS: MODES OF FINANCIAL BEHAVIOR

Emergence of Overconfidence Investors in Financial Markets

This research utilizes the Agent-Based Model to clarify microscopic and macroscopic links between investor behavior and price fluctuations in the financial market. This analysis places focus on the role that investors’ overconfidence plays in the financial market. As a result of this analysis, it has been found that overconfident investors are generated in a bottomup fashion in the market.

Determinants Of Investors Financial Behavior In Tehran Stock Exchange

Financial Reporting Delay and Investors Behavior: Evidence From Tunisia

This study empirically investigates the relationship between the timeliness of the financial reporting and the corporate governance proxies for companies listed on the Tunisian stock exchange during 2009.It investigates the role of the corporate governance mechanisms on the timeliness of corporate financial reporting besides; it investigates the relationship between the company size, leverage, ...

Introducing Social Investors into Multi-Agent Models of Financial Markets

Existing models of financial market prices typically assume that investors are informed with economic data and that wealth maximization motivates them. This paper considers the social dimensions of investing and the effect that this additional motivation has on the evolution of prices in a multi-agent model of an equity market. Agents in this model represent both economically informed investors...

Execution Costs in Financial Markets with Several Institutional Investors

We study multi-period trading strategies of institutional investors who plan to trade the same security during some finite time horizons. Investors who trade large volumes face a price impact that depends on their trading volumes simultaneously, and is usually represented as a function, the so called price-impact function. We show through a numerical example that a trading strategy, optimal for...