A social network model of investment behaviour in the stock market
نویسندگان
چکیده
To consider the psychological factors that impact market valuation, a model is formulated for investment behaviour of traders whose decisions are influenced by their trusted peers’ behaviour. The model is implemented and several different ‘‘trust networks’’ are tested. Simulation results demonstrate that real life trust networks can significantly delay the stabilisation of a market. © 2009 Elsevier B.V. All rights reserved.
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