Current Search: Solomon, Sorin (x)
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Title
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Short and Long Term Investor Synchronization Caused by Decoupling.
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Creator
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Roszczynska-Kurasinska, Magda, Nowak, Andrzej, Kamieniarz, Daniel, Solomon, Sorin, Andersen, Jørgen Vitting, Sánchez, Angel
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Abstract/Description
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The dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective ‘‘moods’’ or ‘‘biases’’ emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are...
Show moreThe dynamics of collective decision making is not yet well understood. Its practical relevance however can be of utmost importance, as experienced by people who lost their fortunes in turbulent moments of financial markets. In this paper we show how spontaneous collective ‘‘moods’’ or ‘‘biases’’ emerge dynamically among human participants playing a trading game in a simple model of the stock market. Applying theory and computer simulations to the experimental data generated by humans, we are able to predict the onset of such moments before they actually happen.
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Date Issued
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2012-12-07
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PURL
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http://purl.flvc.org/fau/fd/FAUIR000040
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Format
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Citation
